hello quizlet
Home
Expert solutions

Chapter 11

  • Flashcards

  • Learn

  • Test

  • Match

Which of the following represents the maximum number of shares a corporations can issue?
Click the card to flip 👆
Authorized shares
Click the card to flip 👆
1 / 7
  • Flashcards

  • Learn

  • Test

  • Match

Profile Picture
Created by
zausch1
Terms in this set (7)
Which of the following represents the maximum number of shares a corporations can issue?
Authorized shares
The authorized stock of a corporation
is indicated in its charter
Which of the following represents the amount per share of stock that must be retained in the business for the protection of corporate creditors?
legal capital
Capital stock to which the charter has assigned a value per share is called
par value stock
which of these is not a major advantage of a corporation?
government regulations
retained earnings is
net income that a corporation retains for the future use
which of the following is not a characteristic of a corporation?
unlimited liability for stockholders

Sets found in the same folder

Chapters 1-4
28 terms
Profile Picture
zausch1
Chapters 5-7
27 terms
Profile Picture
zausch1
Chapters 8-10
20 terms
Profile Picture
zausch1

Other sets by this creator

ISDS Exam 1 practice 1
47 terms
Profile Picture
zausch1
CH 11 BLAW exam 2 (not including cases)
65 terms
Profile Picture
zausch1
CH 10? exam 2 (not including cases)
78 terms
Profile Picture
zausch1
acct 2101 exam 1
51 terms
Profile Picture
zausch1
1/2
About us
  • About Quizlet
  • How Quizlet works
  • Careers
  • Advertise with us
  • News
  • Get the app
For students
  • Flashcards
  • Learn
  • Solutions
  • Modern Learning Lab
  • Quizlet Plus
For teachers
  • Live
  • Checkpoint
  • Blog
  • Be the Change
  • Quizlet Plus for teachers
Resources
  • Help center
  • Sign up
  • Honor code
  • Community guidelines
  • Privacy
  • Terms
  • Ad and Cookie Policy
Language

© 2023 Quizlet, Inc.

COPPA Safe Harbor Certification seal