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Business, 28.04.2021 16:10 foxrule

Decide whether each of the following statements is true or false. a. The policy-making body in a corporation is called the board of directors. b. The owner of 100 shares of preferred stock has greater voting rights than the owner of 100 shares of common stock. c. Par-value stock is worth more than no-par value stock. d. Issuing 1,000 shares of $5 par-value stock at $12 increases contributed capital by $12,000.

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