Stock which has been issued and subsequently reacquired by the issuing corporation is called

A) letter stock.
B) treasury stock.
C) classified stock.
D) book stock.


Answer: B

Business

You might also like to view...

Shannon sells floral products to craft stores and discount stores. When his company introduces a new floral preservative, Shannon walks into a prospect's office and announces, "Would you like to sell your customers a preservative that is good enough to preserve items rescued from the Titanic wreck?" What kind of approach is Shannon using?

What will be an ideal response?

Business

A corporate charter is filed with A) a state's Secretary of State office

B) a state's Treasury and/or Revenue Division. C) the United States Department of Commerce. D) the Securities and Exchange Commission.

Business

Offensive language used by one person to describe another constitutes the tort of slander

Indicate whether the statement is true or false

Business

Employers reinforce their common law rights by:? A) ?issuing injunctions and suing for damages

B) ?requiring employees to sign confidentiality and noncompetition agreements at time of hire. C) ?reducing the employees rank, salary, or job title as a punishment. D) ?imposing regulations on their Internet usage and other external communication.

Business