A stock split results in a larger proportion of corporate ownership by the shareholder.
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Q20: Treasury shares are shares that have been
Q21: Preemptive rights are shareholders' rights to purchase
Q22: The board of directors may issue bonds
Q23: Earned surplus would include undistributed net profits,income,gains
Q24: Even if it has been lawfully and
Q26: "Capital surplus" would be credited with the
Q27: In the majority of states,even non-voting shares
Q28: A corporate bond creates a debtor-creditor relationship
Q29: The most restrictive test for the issuance
Q30: The Revised Act does not consider a
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