Which of the Following Is False

question 38

Multiple Choice

Which of the following is false?

• A) The common stock of a corporation can only be publicly owned.
• B) Firms often issue common stock with no par value.
• C) Preemptive rights help to prevent a dilution of ownership on the part of existing shareholders.
• D) A firm's corporate charter indicates how many authorized shares it can issue.

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Definitions:

Human Genome

The complete set of nucleic acid sequences for humans, encoded as DNA within the 23 chromosome pairs in cell nuclei and in a small DNA molecule found within individual mitochondria.

Genes

The basic physical and functional units of heredity, made up of DNA, which determine specific characteristics by encoding proteins.

Recessive Genes

Genes that are not expressed in the phenotype unless two copies are present, one from each parent.

Dominant Gene

A gene that expresses its phenotype in the presence of another allele, overshadowing recessive genes when only one copy is present.