hitps/wbu lackboard.com/webapps/assesment/take/launchjsp'course assessment jd- 189636,1acourse id- 685543, lecontent Jd \ Question Completion Status: QUESTION 1 The primary purpose of a stock split is to reduce the number of shares outstanding in order to encourage more investors to enter the market for the company's shares. O True O False QUESTION 2 The par value of stock is an arbitrary per share amount defined by the corporation and is used in the recording of transactions involving stock. O True O False QUESTION 3 The Chief Executive Officer (CEO) of a corporation is considered the owner of the corporation O True False