In general, the term par value, also called face value or nominal value, is the lowest legal price for which a corporation may sell its shares. It has nothing to do with how much a corporations shares are actually worth or are sold for.

Group of answer choices

In general, the term par value, also called face value or nominal value, is the lowest legal price for which a corporation may sell its shares. It has nothing to do with how much a corporations shares are actually worth or are sold for.

A. True

B. False