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Complete each of the following statements with one of the terms listed here. Charter Common stock Board of directors Corporation Liquidation Legal capital Par value
Complete each of the following statements with one of the terms listed here. Charter Common stock Board of directors Corporation Liquidation Legal capital Par value Limited liability Preemption Stockholders' equity Preferred stock Retained earnings a. The right to maintain one's proportionate ownership in the corporation is the right of b. The right to receive a proportionate share of any assets remaining after the corporation goes out of business, sells its assets, and pays off its liabilities is the right of c. The stockholders' ownership interest in the assets of the corporation is called d. V is the legal concept that means stockholders can lose no more than the cost of their investment in the company. e. The authorization from the state to issue a certain number of shares of stock is granted through the corporation's f. The arbitrary amount assigned to each share of stock when it is originally authorized is its g. V is a hybrid form of capital stock resembling both equity and debt that pays a fixed dividend. h. Vis the basic form of capital stock. i. The is elected by stockholders. j. The business entity formed under state law that has separate legal identity from its owners is is a k. The total of the par value of all of the shares issued is the corporation's 1. represents the amount of stockholders' equity that the corporation has earned through profitable operations less any dividends declared
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