Issued shares represent the

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Quizplus · Accepted Answer

Issued shares refer to the number of shares that the corporation has sold and are currently held by stockholders. Option A is incorrect because repurchased shares would be called treasury stock, not issued shares. Option C is only partly correct because it is true that issued shares are held by stockholders, but it does not encompass the full meaning of issued shares. Option D is incorrect because the maximum number of shares that can be sold by the corporation is the authorized shares, not the issued shares.

Issued Shares Represent the