The Least Amount That the Buyers of Stock Must Contribute

question 118

Multiple Choice

The least amount that the buyers of stock must contribute to the corporation or be at risk to pay creditors at a future date is called the:

• A)Par value of preferred.
• B)Minimum legal capital.
• C)Premium capital.
• D)Stated value.
• E)Working capital.

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Definitions:

Negative Correlation

A connection between two variables where as one goes up, the other comes down.

Hair Length

The measure of length of hair strands from their root to tip.

Automobile

A wheeled motor vehicle used for transportation, typically powered by an internal combustion engine or electric motor.

Correlation Coefficients

A statistical measure that indicates the extent to which two or more variables fluctuate together, ranging from -1 to 1 where 1 means a perfect positive correlation and -1 means a perfect negative correlation.