Question
6. When the board of directors issues shares: Group of answer choices -It must only receive par value in return. -It must ensure that the
6. When the board of directors issues shares: Group of answer choices
-It must only receive par value in return.
-It must ensure that the type of consideration it receives in return represents real legal value.
-It must only accept cash or marketable securities in return.
-It may give them to friends and relatives as gifts from the corporation.
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The Complete Guide To Capital Markets For Quantitative Professionals
Authors: Alex Kuznetsov
1st Edition
0071468293, 978-0071468299
