What is a geocoin?

A. A round coin-sized object, uniquely numbered and hidden in geocache.
B. A north/south measurement of position.
C. A device that measures the acceleration (the rate of change of velocity) of an item and is used to track truck speeds or taxi cab speeds.
D. An east/west measurement of position.


Answer: A

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If Willis Corporation has 80,000 shares of common stock authorized, 50,000 shares of common stock issued, and holds 12,000 shares of common stock as treasury stock, the total number of outstanding shares of Willis Corporation amounts to

a. 22,000. b. 68,000. c. 38,000. d. 26,000.

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