Which One of the Following Phrases Is Least Desirable When

question 106

Multiple Choice

Which one of the following phrases is least desirable when describing an amount received from a sale of stock in excess of the par value of the stock?

• A) paid-in capital in excess of par value
• B) capital surplus
• C) additional paid-in capital on preferred stock
• D) contributed capital in excess of par value

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Definitions:

Groupthink

A mental effect observed in groups, where the collective preference for agreement or uniformity leads to illogical or ineffective decisions.

Death Qualified

A term specifically relating to jurors who are deemed eligible to serve on a capital case because they express a willingness to consider both the death penalty and life imprisonment as sentencing options.

Overrepresent

To have a disproportionately large number or percentage in comparison to the actual distribution within a population.

Recovered Memories

Memories, often of traumatic events, that an individual was previously unaware of or unable to recall, which have resurfaced into conscious awareness.