48. Shares reacquired by the corporation, usually by redemption, which are viewed as authorized and issued, but not outstanding are best described as... a. Authorized Shares b. Outstanding Shares c. Treasury Shares d. Preferred Stock 49. The number of shares authorized for issuance in the corporation's Articles of Incorporation are best described as... a. Authorized Shares b. Outstanding Shares C. Treasury Shares d. Preferred Stock 50. Shares of a corporation that have some right, privilege, limitation, or preference over other shares of the corporation, usually as to dividends or receipt of net assets upon liquidation a. Authorized Shares b. Outstanding Shares c. Treasury Shares d. Preferred Stock 51. Why would a corporation issue Stocks or Bonds? a. To diversify its portfolio b. To raise capital c. Corporations don't Issue Stocks or Bonds