A premium on stock occurs when a corporation sells its stock for more than par (or stated) value. True or False 08:35 True False Stockholders (who are not officers or managers) are able to bind the corporation to contracts. True or False 40 True False og to Canvas Mail My Homepage Quinto Olle boli 5 11.00 A premium on stock occurs when a corporation sells its stock for more than par (or stated) value. True or False 08:35 True False Stockholders (who are not officers or managers) are able to bind the corporation to contracts. True or False 40 True False og to Canvas Mail My Homepage Quinto Olle boli 5 11.00