In the Context of Corporate Finance, Face Value Is

question 19

Multiple Choice

In the context of corporate finance, face value is:

• A) a doctrine holding that certain legal consequences attach to an attempt by a corporation to carry out acts that are outside its lawful powers.
• B) the amount that a corporation pays a bondholder at the bond's maturity.
• C) the minimum number of shareholders needed to have a valid vote.
• D) the lawsuit brought on behalf of the corporation by a shareholder when the directors refuse to act.
• E) a situation where one person sits on the board of directors of two different companies.

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Definitions:

Militant Organization

A militant organization is a group that uses confrontational or violent methods to achieve political, religious, or ideological goals.

National Industrial Recovery Act

A legislation passed in 1933 as part of President Franklin D. Roosevelt's New Deal, aimed at stimulating economic recovery during the Great Depression by regulating industry standards and workers' rights.

Economic Recovery

The process of recovery in an economy that leads to increased business activity, employment, and production after a period of recession or downturn.

Workers' Wages

The compensation or earnings paid to employees or laborers for their work or services, usually expressed in terms of hourly, daily, or monthly rates.