Which of the following is true about par-value stock?
A) The par value of the stock must equal the value of money, property, or services received by the corporation.
B) The par value of the stock must equal the value of money, property, or services received by the stockholder who sells it.
C) Common stock usually has a par value.
D) When sold by a corporation at a discount the corporation is liable to make up the discount.
Correct Answer:
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