If the Market Value for ABC Ltd

question 40

Multiple Choice

If the market value for ABC Ltd.is $70000000 and its number of shares outstanding is $35555555 ,the value of stock per share is

• A)$19.69.
• B)$1.969.
• C)$196.90.
• D)Insufficient information to answer this question

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Definitions:

Breach of Contract

The inability to fulfill any condition of a contract, whether in writing or verbally, without a valid legal reason.

Tenant Abandonment

The act of a tenant vacating a rented property without notice and without fulfilling the terms of the lease agreement.

Damages Recovery

Damages recovery refers to the process of obtaining financial compensation through legal means for losses or injuries suffered due to another's wrongful acts.

Contract Discharge

The completion, termination, or nullification of the obligations specified in a contract.