Which of the following statements is true?
A) The number of shares the corporation is authorized to issue is indicated in the articles of incorporation.
B) A corporation may not repurchase its own shares after they have been issued.
C) A corporation may vote its treasury stock.
D) A corporation must sell all of its authorized stock.
E) Any treasury stock shares acquired by a corporation cannot be reissued.
Correct Answer:
Verified
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