The Par Value Per Share of Common Stock Represents

question 17

Multiple Choice

The par value per share of common stock represents

• A) the minimum selling price of the stock established by the articles of incorporation.
• B) the minimum amount the stockholder will receive when the corporation is liquidated
• C) an arbitrary amount established in the articles of incorporation
• D) the amount of dividends per share to be received each year

---

Definitions:

Brown Era

A period in American history, often associated with the Brown v. Board of Education case, marked by significant developments in the civil rights movement.

Racial Integration

The process of ending racial segregation and bringing people of different races into equal membership in society.

De Facto

In practice or actuality, but not officially established by law.

Racial Segregation

The systemic separation of people into racial or ethnic groups in daily life, historically institutionalized in various societies.