If a corporate stock has a par value, the person subscribing to the stock and acquiring it from the corporation must pay that par value amount.

Name: If a corporate stock has a par value, the person subscribing to the stock and acquiring it from the corporation must pay that par value amount.
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The par value is the minimum price at which shares can be issued, so subscribers must pay at least this amount when acquiring stock directly from the corporation.

If a Corporate Stock Has a Par Value, the Person