If shares are issued with no par value,the entire price must be allocated to stated capital.

Name: If shares are issued with no par value,the entire price must be allocated to stated capital.
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Quizplus · Accepted Answer

In the case of no-par value shares, the entire price is not necessarily allocated to stated capital; it can be allocated between stated capital and additional paid-in capital as determined by the company's board of directors.

If Shares Are Issued with No Par Value,the Entire Price