7. What type of shares of a corporation is considered debt rather than equity? a. Type B gemmen shares b. Convertible preferred shares c. Preferred shares redecmable at shareholder option d. None of the abous 8. The par valtie of eomumon shares a. It is an arbitrary figure establiahed by the corporation b. It is a maeasure of the market valuc of the shares c. It is sutablithed by CAAP d. Es establecido por la Sesuritics and Exelange Cormexiserom 9. Whet cotumon shares are issued to purehase land, the land shall be recorded on the books for an amount representing: a. The par value of the iasued shares b. The value of the land on the seller's books c. The makket value of the shates issucd d. "B" of " C ", at management's choice 10. Cost incurred to ivae common sharen: a. They are posted as an experise b. They are amottized at expense over a period of frie yeam c. They are presented in a Patrimony account with debit balaere d. They are iubtracted from the "Paid-in capital" when the issunce of the shares is accotinicd for