Examlex
Which of the following statements is false?
Articles of Incorporation
Legal documents filed with a government body to legally document the creation of a corporation.
Par Value
The nominal or face value assigned to a share of stock or a bond by the corporation issuing it, important in legal and accounting contexts but not necessarily related to market value.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, making them more affordable to small investors.
Shares
Shares represent units of ownership interest in a corporation or financial asset, providing shareholders with a proportion of the company's profits and a claim on assets.
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