Determining the value to be placed on the consideration that stock purchasers will exchange for shares is the responsibility of the shareholders.

Name: Determining the value to be placed on the consideration that stock purchasers will exchange for shares is the responsibility of the shareholders.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Determining the value of consideration for shares is typically the responsibility of the company's board of directors or management, not the shareholders.

Determining the Value to Be Placed on the Consideration That