Which of the following numbers of shares could properly exist in a corporation?
A) 100,000 authorized,90,000 issued,and 80,000 outstanding
B) 100,000 authorized,90,000 outstanding,and 80,000 issued
C) 100,000 issued,90,000 outstanding,and 80,000 authorized
D) 100,000 outstanding,90,000 issued,and 80,000 authorized
E) A or C
Correct Answer:
Verified
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