Par Value Is the Minimum Cushion of Capital Established for the Protection

question 21

Multiple Choice

Par value is the minimum cushion of capital established for the protection of

• A) investors (stockholders).
• B) management.
• C) creditors.
• D) all of these.

---

Definitions:

Tardive Dyskinesia

A neurological disorder marked by chronic tremors and involuntary spastic movements.

Bipolar Disorder

A mental health condition characterized by significant mood swings including manic and depressive episodes.

Lithium

A chemical element, used especially in batteries and psychiatric medication for its mood-stabilizing properties.

Electroconvulsive Therapy (ECT)

A biomedical treatment in which electric shock is used to produce a cortical seizure accompanied by convulsions.