Stock that has a fixed per-share amount printed on each stock certificate is called
A) stated value stock.
B) fixed value stock.
C) uniform value stock.
D) par value stock.

Question

Quizplus · Accepted Answer

Stock that has a fixed per-share amount printed on each stock certificate is called par value stock. The par value is usually a small amount, such as $0.01 per share. The par value is mainly used for accounting and legal purposes and does not reflect the actual market value of the stock.

Stock That Has a Fixed Per-Share Amount Printed on Each