No rights or privileges are associated with unissued stock.

Name: No rights or privileges are associated with unissued stock.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

Unissued stock refers to shares that have been authorized but have not yet been sold or distributed. Since they have not been sold or distributed, there are no rights or privileges associated with them. These rights and privileges, such as voting rights and dividend payments, are only granted to those who own issued and outstanding shares of the company.

No Rights or Privileges Are Associated with Unissued Stock