If Repurchased Shares Are Neither Canceled nor Restored to Unissued

question 2

Multiple Choice

If repurchased shares are neither canceled nor restored to unissued status,they are called ________ shares.

• A)preference
• B)treasury
• C)Golden
• D)outstanding

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Definitions:

Suppliers

Individuals or companies that provide goods or services to another entity, typically part of the supply chain in manufacturing processes.

Regulators

Government or independent authorities responsible for supervising and enforcing laws within certain industries.

Lenders

Entities that provide funds to others with the expectation of repayment plus interest.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, thus having a claim to a part of the company's assets and earnings.