After a Corporation Issues Stock,the Stock

question 58

Multiple Choice

After a corporation issues stock,the stock

• A)cannot be resold.
• B)can be resold only if the corporation wants to buy it back.
• C)can be resold on exchanges;the resale will raise additional funds for the corporation.
• D)None of the above are correct.

---

Definitions:

Debt Guarantees

Commitments made to cover the debt obligations of another party in case of payment default, typically provided by a parent company for its subsidiaries or a government for private enterprises.

Contingent Liability

A future financial liability that might occur based on the result of a particular event.

Contingent Liability

A potential financial obligation that may arise in the future, depending on the outcome of a specific event.

Future Event

A possible occurrence that may happen in the future, impacting strategies or decisions in various contexts.