A corporation's charter establishes the market value of the company's shares.
BT: Comprehension

Question

Quizplus · Accepted Answer

A corporation's charter outlines the purpose, structure, and governance of the company, but it does not establish the market value of the company's shares. The market value of shares is determined by supply and demand in the stock market based on a variety of factors such as financial performance, industry conditions, and investor sentiment.

A Corporation's Charter Establishes the Market Value of the Company's