The maximum number of shares of common stock that may be issued according to the corporation's charter is referred to as

a. authorized shares.
b. outstanding shares.
c. unissued shares.
d. issued shares.


A

Business

You might also like to view...

List five of the ten product-based legitimacy indicators outlined in the text and provide an example for each.

What will be an ideal response?

Business

SSL/TLS is used for ________ VPNs

A) host-to-host B) remote access C) Both A and B D) Neither A nor B

Business

A personal computer system is composed of the processing unit, graphics board, and keyboard with reliabilities of 0.976, 0.785, and 0.893, respectively. This is a series system and even if one component fails, the computer will not function correctly. The reliability of this system is:

a. 0.684 b. 0.953 c. 2.654 d. 0.857

Business

Why is it important to ensure your life insurance policy includes an incontestability clause?

What will be an ideal response?

Business