A corporation purchases 40.000 shares of its own 530 par common stock for $45 per share recording it at cost what will be the effect on total stockholders equity? O A Decrease by 51.200.000 3. Increase by $1.200.000 OCDecrease by 51 300.000 D. Increase by $1.300.000 Which of the following statements reflects the transferability of ownership rights in a corporation? O A. A stockholder must obtain permission from the board of directors before selling shares. OB. A stockholder must obtain permission from at least three other stockholders before selling shares. OC. A stockholder may dispose of part or all of his shares. D. If a stockholder decides to transfer ownership, he must transfer all of his shares