1 year ago

The number of shares that a corporation's incorporation document allows it to sell is referred to as

1 answer:

6 0

The number of shares that a corporation's incorporation document allows it to sell is referred to as authorized shares.

<h3>What is a Corporation?</h3>

This refers to a business entity that has a group of members who acts together for a set goal.

Hence, we can see that when it comes to the selling of stocks by the corporation, there is a limit of shares to sell and this is known as authorized shares.

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2 years ago

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In attachment.

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In attachment.

Download docx

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