The board of directors may issue bonds without the authorization or consent of the shareholders.
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Q18: Once the amount of shares that a
Q19: A bondholder generally takes more of a
Q20: Treasury shares are shares that have been
Q21: Preemptive rights are shareholders' rights to purchase
Q23: Earned surplus would include undistributed net profits,income,gains
Q24: Even if it has been lawfully and
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Q26: "Capital surplus" would be credited with the
Q27: In the majority of states,even non-voting shares
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