JELLIIT JU1 / CHAPTER 5 - Corporations: Contributed Capital and Divider Common and preferred shares may or may not have a par value. A par value: Select one: a. Is a value assigned to share at issue b. Is a ratio between issue value and the first day selling price C. Is an action undertaken by the SEC to ensure the stock market does not crash d. None of the available choices ge Next page e here to search OBI