Which of the Following Terms Designates the Maximum Number of Shares

question 20

Multiple Choice

Which of the following terms designates the maximum number of shares of stock that a corporation may issue?

• A)Number of shares authorized
• B)Number of shares issued
• C)Par value
• D)Number of shares outstanding

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Definitions:

World Trade Organization

An international organization that regulates international trade.

New World Order

A set of initial conditions that describes how nation-states relate to one another on a global scale.

Satellite Crimea

is not a standard term; however, it may refer to satellite imagery or geographical discussions related to the Crimea region.

Geneva Convention

A series of international treaties formulated to ensure humane treatment of prisoners, the wounded, and civilians during war.