Moving to another question will save this response. Question 7 The total number of stock that a corporation's charter allows it to issue is referred to as: OA. Preferred stock. OB. Authorized Stock. OC. Outstanding stock. OD. Issued stock. Moving to another question will save this response. Question 8 The corporate form of business has all the following advantages EXCEPT: OA. Stockholders have unlimited liabiliy OB. The life of a corporation is unlimited and ease of capital accumulation. OC No mutual agency for stockholders. OD. Separate legal entity. this remporee Question 9 On October 1, a corporation had 200,000 shares of $4 par value common stock, and $1,000,000 of retained eargs. The corporation decides w21 stock spt. The general puma entry to moord sam OA Retained eamings (debit) and common stock (credit) OB Retained eamings (debit) and common stock split distribution (credit) OC Retained eamings (debit) and stock split (credit) OD. No journal entry Moving to another question will save this response ABC Inc. has bonds outstanding with a par value of $100,000. The unmorted dad on the bons is 2.500 OA $500 loss OB 30 gain or loss OC $3,500 gain OD. $3,500 loss Moving to another question will save this response. Question 11 Preferred stockholders have the following rights EXCEPT: OA voting rights. OB. the right to sell their stock on the market. OC. the priority over common stock in dividend distribution. O D. a stated dividend rate