Par value is the minimum cushion of capital established for the protection of
A) investors (stockholders).
B) management.
C) creditors.
D) all of these.

Name: Par value is the minimum cushion of capital established for the protection of A) investors (stockholders). B) management. C) creditors. D) all of these.
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Question

Quizplus · Accepted Answer

Par value is the minimum amount set for a stock to protect creditors by ensuring that a company maintains a basic level of capital.

Par Value Is the Minimum Cushion of Capital Established for the Protection