Mickey Moose, Inc. has a Certificate of Incorporation (same as Articles of Incorporation) which authorizes 10,000 shares of common stock with a par value of $100 per share. It issues 500 stock certificates numbered 1 through 500. As it turns out, 10,500 shares are represented in these 500 certificates. All the certificates are dated and mailed out on the same day. Fabian and Guy receive the last two. Fabian receives Stock Certificate No. 499 = 300 shares of ownership. Guy receives Stock Certificate No. 500 = 250 shares of ownership. Which statement is true?

a)Fabian is not entitle to a new stock certificate

b)Guy is entitle to a new stock certificate

c)Fabian is entitled to a new stock certificate for 50 shares

d)Guy is entitled to a new stock certificate for 50 shares