The Number of Shares Authorized a Company Has Will Affect

question 12

True/False

The number of shares authorized a company has will affect its earnings per share ratio.

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Definitions:

Remedy

Legal means or measures available to a party to enforce a right or redress a harm.

Misrepresentation

The act of providing false or misleading information about a material fact, intentionally or negligently, causing someone to enter into a contract.

Affirmed

Officially confirmed or validated.

Rescission

The legal process of canceling, terminating, or reversing a contract, returning all parties to their positions prior to the agreement.