Incorporating legislation frequently has a prohibition on a corporation's purchasing its own shares in certain circumstances. What

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Incorporating legislation frequently has a prohibition on a corporation's purchasing its own shares in certain circumstances. What are those circumstances? Why does the prohibition exist?
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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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