Which of the Following Is/are Not True

question 44

Multiple Choice

Which of the following is/are not true?

• A)Firms may issue capital stock (preferred or common) for cash or for noncash assets.
• B)Firms usually issue shares for cash at the time of their initial incorporation and at periodic intervals as they need additional shareholder funds.
• C)Firms sometimes issue shares to employees as compensation.
• D)The issue price for preferred stock usually approximates its par value.
• E)none of the above

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Definitions:

Otherwise Legal

Pertaining to actions or conditions that are permitted or recognized by law, except for specific exclusions or conditions.

Phishing

Online fraud in which criminals pretend to be legitimate companies by using e-mails or malicious websites that trick individuals and companies into providing useful information, such as bank account numbers, Social Security numbers, and credit-card numbers.

Identity Theft

The act of stealing another’s identifying information—such as a name, date of birth, or Social Security number—and using that information to access the victim’s financial resources.

Cyber Fraud

Fraud that involves the online theft of credit-card information, banking details, and other information for criminal use.