In many states, the minimum amount that stockholders must contribute to the corporation, and which is intended to protect the creditors of the corporation, is called the:a. par value of preferred. b. minimum legal capital. c. premium capital. d. stated value. e. working capital.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In many states, the minimum amount that stockholders must contribute to the corporation, and which is intended to protect the creditors of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The increase in the size and power of corporations galvanized efforts to build a national labor union. The Civil War created opportunities for workers with a particular skill to form "craft unions," which grew in size and popularity.
Answers (1)
You purchased 1,000 shares of fund ABC for $35.00 NAV per share. You elected the dividend reinvestment plan and had all dividend and capital gains distributions reinvested in additional shares.
Answers (1)
A company that uses the perpetual inventory system sold goods to a customer for cash for $3,000. The cost of the goods sold was $1,000. Which of the following journal entries correctly records this transaction? A.
Answers (1)
Third generation currency crisis model definition
Answers (1)
The movement of electricity is called: A. Amperage B. Current C. Voltage
Answers (1)
New Questions in Business
Motherboard technology makes and sells only one product, a high-quality processor for mainframe computers, within its market-silicon valley, california. which strategy is motherboard technology using?
Answers (2)
Dorothy drury suffered from dementia and chronic confusion. when she became unable to manage her own affairs, including decisions about medical and financial matters, her son eddie arranged for her to move to an assisted-living facility.
Answers (1)
At Parks and Helms Designers, a group of architects are developing the first drawings for a proposed multiuse office development in an older section of a large city that is being revitalized. What type of work team is this group? A. advice team B.
Answers (1)
Which of the following types of financial assistance does not need to be paid back? a. Grant b. Subsidized Loan c. Unsubsidized Loan d. Private Loan e. None of the answers are correct
Answers (1)
Which of the following are reasons that the short-run aggregate supply curve slopes upward? a. As the price level rises, firms decrease their investment, because it is more expensive to purchase capital. b.
Answers (1)