A Corporation's Own Stock That It Has Issued and Later

question 24

Multiple Choice

A corporation's own stock that it has issued and later reacquired is called:

• A)authorized stock.
• B)treasury stock.
• C)issued stock.
• D)outstanding stock.

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Definitions:

Exclude

To deliberately leave something or someone out of a group, list, or conversation.

Private Sector

The sector of the economy operated by private individuals and businesses aiming for profit, without direct governmental management.

Excluded

Not included, left out, or omitted from a group, list, or category.

Rivalry in Consumption

A situation where the consumption of a good or service by one individual reduces its availability for consumption by others.