Which type of stock is the most common/usual?
A) Preferred Stock
B) Par Value
C) No-Par-Value Stock
D) Private Stock

Question

Quizplus · Accepted Answer

No-Par-Value Stock is the most common type of stock issued by companies. Unlike par value stock, no-par-value stock does not have a nominal or face value assigned to it. This gives companies flexibility in setting their stock prices and helps avoid legal issues related to stock being sold below par value.

Which Type of Stock Is the Most Common/usual