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.
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Home » Business » 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.