Global Enterprises Corporation (GEC)engages in What Some Unhappy Ex-Employees and Disgruntled

question 6

Multiple Choice

Global Enterprises Corporation (GEC) engages in what some unhappy ex-employees and disgruntled consumers consider to be bad corporate behavior.These individuals post "horror stories" about GEC on rogue Web sites.By providing a forum for complaints,the potential for damage to the reputation of any corporation via the Internet has

• A)decreased.
• B)increased.
• C)neither decreased nor increased.
• D)both decreased and increased.

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Definitions:

Paid-In Capital

The total amount of money shareholders have invested in the company through the purchase of its stock.

Par

The face value of a bond or other financial instrument, often used in reference to its original issue value.

Stated Value

A value that is assigned to a share of stock by the company's board of directors, not based on market value, but used for accounting and reporting purposes.

Excess of Par

The amount by which a security's sale or issue price exceeds its par value.