Under Sec 351, Corporate Stock May Include All of the Following

question 17

Multiple Choice

Under Sec. 351, corporate stock may include all of the following except

• A)voting stock.
• B)nonvoting stock.
• C)stock warrants.
• D)qualified preferred stock.

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Definitions:

Distributive Property

A property in algebra that allows you to multiply a sum by multiplying each addend separately and then add the results.

Like Terms

Terms in an algebraic expression that have the same variables raised to the same power and can therefore be combined.

Simplify Expression

The process of performing all possible arithmetic operations within an expression to reduce it to its simplest form.

Distributive Property

A property in algebra that allows for the multiplication of a single term and two or more terms inside a set of parentheses.