Chapter 10 Quiz
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Select all that apply A corporate charter: a. is required only for publicly-traded corporations. b. specifies the number of shares outstanding. c. names the board of directors. d. specifies the shares of stock to be issued. e. describes the business activities.
c. names the board of directors. d. specifies the shares of stock to be issued. e. describes the business activities.
Another common term for stockholders' equity is: a. undistributed equity b. retained equity c. investment equity d. shareholders' equity
d. shareholders' equity
__________ capital is the amount of money paid into a company by its owners.
invested