When No Independent Stock Transfer Agent Is Employed and the Corporation

question 42

Multiple Choice

When no independent stock transfer agent is employed and the corporation issues its own stocks and maintains stock records,canceled stock certificates should:

• A)Be defaced to prevent reissuance and attached to their corresponding stubs.
• B)Not be defaced but segregated from other stock.
• C)Be destroyed to prevent fraudulent reissuance.
• D)Be defaced and sent to the Secretary of State.

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Definitions:

Accidental Sampling

A non-probability sampling method where participants are selected based on coincidence or their availability, without any systematic criteria for inclusion.

Purposive Sampling

A non-random sampling technique where participants are selected based on specific characteristics or criteria relevant to the research question.

Quota Sampling

A sampling method where the sample is chosen to reflect certain characteristics of the population in proportion.

Subcultural

Pertaining to a group within a larger culture that differentiates itself from the larger culture through a unique set of beliefs, values, or behaviors.