Which of the following is false?
A) The common stock of a corporation can only be publicly owned.
B) Firms often issue common stock with no par value.
C) Preemptive rights help to prevent a dilution of ownership on the part of existing shareholders.
D) A firm's corporate charter indicates how many authorized shares it can issue.

Question

Quizplus · Accepted Answer

The common stock of a corporation can be both publicly and privately owned. Publicly owned common stock is traded through stock exchanges, while privately owned common stock is held by a limited number of investors.

Which of the Following Is False