_____ shares are shares that have been sold to shareholders.

Question

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Issued shares are shares that have been sold to shareholders, whereas authorized shares refer to the maximum number of shares a company is allowed to issue, and outstanding shares refer to the total number of shares held by shareholders, including those held by company insiders. Preferred shares are a type of stock that typically have priority over common shares in terms of dividends and liquidation preference.

_____ Shares Are Shares That Have Been Sold to Shareholders