Authorized shares that have not been sold by the corporation are known as ________.

Question

Quizplus · Accepted Answer

Unissued shares are authorized shares that have not been sold by the corporation. Issued shares are those that have been sold to investors. Outstanding shares are those that have been issued and are currently held by investors. Liquidated shares refer to shares that have been bought back by the corporation and are no longer outstanding.

Authorized Shares That Have Not Been Sold by the Corporation