A Stockholders Contributed $100,000 in Exchange for Stock in the Company.What

question 21

Multiple Choice

A stockholders contributed $100,000 in exchange for stock in the company.What is the effect of this transaction?

• A) assets increase and liabilities increase
• B) assets increase and revenues increase
• C) expenses increase and revenues increase
• D) assets increase and paid-in capital increases

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Definitions:

Altruism

Altruism is the principle or practice of concern for the welfare of others, often manifesting in selfless acts.

Milgram Experiment

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Roles

Roles refer to the expected behaviors, duties, and responsibilities associated with a particular social position or status within a group or society.

Norms

Shared standards of acceptable behavior within a society or group.