Examlex
Which of the following statements best represents the prevailing view among developmentalists?
Stated Value
In accounting, a value assigned to share capital that does not have a par value; used for legal capital determination.
No-par Stock
Stock issued without a specified face value or par value.
Share
An individual portion of ownership in a corporation, represented by a stock.
Registrar
An official responsible for keeping a record, such as of a company's shareholders or university student enrollments.
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