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A has 6 0 common shares subscribed for $ 6 0 0 of corporation. B has 4 0 common shares subscribed for $ 4 0
A has common shares subscribed for $ of corporation. B has common shares subscribed for $ A also subscribes for preferred shares by transferring land to the corporation worth $ The land is now worth $ What happens if the corporation distributes land to A as a return of capital on the common shares.
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