Question 17 (5 points) The maximum number of shares that a corporation may issue is called: Issued stock Issued and outstanding stock Authorized stock Question 18 (5 points) Authorized stock is 50,000 shares. Issued and outstanding stock is 35,000 shares. Issued stock is 40,000 shares. How many treasury shares does the company have? Exclude the comma in your answer. A/ Question 19 (5 points) Which of the following rights allow a shareholder to maintain their proportional ownership? a Cumulative right Liquidation right Preemptive right Proportional right