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A corporation's legal capital A. is established to protect the corporation's creditors. B. is the amount of cash received by the corporation from its shareholders

A corporation's legal capital

A. is established to protect the corporation's creditors.

B. is the amount of cash received by the corporation from its shareholders when it originally issues stock.

C. is a requirement established by the SEC to aid in enforcement of regulations.

D. allows a corporation to declare dividends of any amount.

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