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Which of the following statements is false ? a. Ownership of common stock gives the owner the right to vote. b. Authorized shares of stock
Which of the following statements is false?
a. | Ownership of common stock gives the owner the right to vote. | |
b. | Authorized shares of stock are shares that have been sold to stockholders. | |
c. | Par value is an arbitrary amount assigned to a share of stock; market value is the actual selling price of stock at a given date. | |
d. | Dividends are paid at the discretion of the corporation's board of directors. | |
e. | none of the above |
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