Which of the Following Is True of Par Value of a Common

question 36

Multiple Choice

Which of the following is true of par value of a common stock?

• A) It is determined on the basis of the stock's market value.
• B) It is an arbitrary value established for legal purposes in a firm's corporate charter.
• C) It indicates the market value at which the stock was originally sold.
• D) It allows stockholders to purchase additional shares at a price below the market price.

---

Definitions:

Malloc()

A function in C that dynamically allocates memory on the heap and returns a pointer to the allocated memory.

Malloc()

A function used in C and C++ programming languages to dynamically allocate memory.

Void Data Type

A special data type in programming that represents the absence of a value, often used as the return type for functions that do not return a value.

Calloc()

A function in C programming language used to dynamically allocate memory for an array of objects, initializing them to zero.