The par value per share of common stock represents the
a. minimum selling price of the stock established by the articles of incorporation.
b. minimum amount the stockholder will receive when the corporation is liquidated
c. dollar amount assigned to each share
d. amount of dividends per share to be received each year
c
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How can developing and maintaining a high ethical standard benefit an organization? Give examples and describe the effects the examples have had on the organization and/or its stakeholders.
What will be an ideal response?
Smarth, King, and Finkel have been partners for years, but a court of equity is now segregating and considering separately the assets and liabilities of the partnership and the respective assets and liabilities of the individual partners. This process is called:
a. marshaling of assets. b. liquidation. c. dissolution of the partnership. d. winding up.
Discuss the similarities or possible differences between the parol evidence rule under the common law of contracts and the parol evidence rule found in Article 2
The equation that describes how the dependent variable (y) is related to the independent variable (x) is called
A. the correlation model. B. the regression model. C. correlation analysis. D. estimation analysis.