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The Number of Shares a Corporation May Issue Is Specified

question 31

True/False

The number of shares a corporation may issue is specified in the articles of incorporation and approved by the Securities and Exchange Commission.


Definitions:

Southern California

A geographical and cultural region in the southwestern part of the U.S. state of California.

Second-degree Price Discrimination

A pricing strategy where prices vary according to quantity sold or consumed, size, or version of the product, not directly by consumer identity.

Quantity Blocks

Predefined quantities of goods or services, often used in pricing or packaging.

Third-degree Price Discrimination

A pricing strategy where different prices are charged to different groups of customers based on their willingness to pay.

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