In most states, par value of issued shares represents:
A)legal capital.
B)no par capital.
C)noncontrolling capital.
D)corporate capital.

Name: In most states, par value of issued shares represents: A)legal capital. B)no par capital. C)noncontrolling capital. D)corporate capital.
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Par value of issued shares typically represents the legal capital, which is the minimum amount that must be maintained in the corporation as a protection for creditors.

In Most States, Par Value of Issued Shares Represents