Treasury Stock Is ________

question 126

Multiple Choice

Treasury stock is ________.

• A) unissued shares of stock
• B) the number of shares of stock that cannot be sold in the future
• C) shares of stock held in other companies for investment purposes
• D) shares of stock already issued that are later repurchased by the corporation that originally issued them

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Definitions:

Freedom Of Contract

The principle that individuals have the liberty to choose who they enter into contracts with and the terms of those agreements.

Federal Competition Act

Legislation aimed at promoting fair competition in the marketplace to protect consumers and businesses.

Violation

The act of disregarding or not complying with a law, agreement, or code of conduct.

Employee

An individual who works part-time or full-time under a contract of employment, receiving payment and benefits in return.