The Par Value of Stock Refers to Its Value on the Open

question 121

True/False

The par value of stock refers to its value on the open market.

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Definitions:

Restrain Trade

Practices that limit competition or control market prices, often viewed as contrary to free-market operations.

Antitrust Laws

Legislation enacted to prevent anti-competitive practices, promote fair competition, and protect consumers from monopolies and cartels.

Illegal

Activities or actions that are forbidden by law and subject to criminal penalties or fines.

Fixing Prices

Illegally setting the price of goods or services, rather than allowing them to be determined naturally through free-market competition.