Which of the Following Statements Is Correct

question 43

Multiple Choice

Which of the following statements is correct?

• A)Market value is the figure selected by the organizers of the corporation to be assigned to each share of stock for accounting purposes.
• B)If there is only one class of stock, the stock is called preferred stock.
• C)The authorized capital stock is the number of shares that have been issued and are still in the hands of stockholders.
• D)In the event of liquidation, preferred stockholders have a claim on assets before that of common stockholders.

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Definitions:

Phototropic Response

the growth or movement of a plant organ toward or away from light, as a response to its direction.

Phytochrome

A blue-green, proteinaceous pigment involved in a wide variety of physiological responses to light; occurs in two interconvertible forms, Pr (red-absorbing phytochrome) and Pfr (far-red-absorbing phytochrome).

Bolting

The production of a tall flower stalk by a plant that grows vegetatively as a rosette (growth habit with a short stem and a circular cluster of leaves).

Gibberellins

A group of plant hormones that regulate growth and influence various developmental processes, including stem elongation, germination, and flowering.