Social Studies, 06.07.2019 02:00 Nalolivares

Which document determines the number of shares a company can sell? a. a stock prospectus b. an annual bill of rights c. a corporate charter d. an annual report

Answers: 2

Show answers

Answers

The document that determines the number of shares a company can sell is C) a corporate charter. This document, issued by the founders of a corporation and approved by the government, describes in detail all the major components of it, including a declaration of the maximum number of shares the company will be legally authorized to sell.

Answer from: damilysgonzalez2

The correct option is (C).

A corporate charter is a document that determines the number of shares a company can sell.

Further Explanation:

Corporate charter:

Corporate charter or “charter,” also known as articles of incorporation which is a written document in Canada and the United States. The document specifies the details regarding the company’s specifics such as its objectives, and other information.

Justification for the correct and incorrect option:

A stock prospectus: This option is incorrect.

The stock prospectus is a document that specifies the details regarding the investment offering to the public.

An annual bill of rights: This option is incorrect.

The bill of rights is a bill of 10 amendments to the constitution. The bill guarantees the rights to the individuals.

A corporate charter: This option is correct.

The corporate charter, which is also known as charter, determines the objectives of the company, like the number of shares a company can sell, and many more.

An annual report: This option is incorrect.

The annual report is a report on a company’s previous year's details of the activities during a year. The annual reports are beneficial for the public who wants to know the financial statements and records of the company.

Therefore, a corporate charter is a document that specifies the details of a company like determining the number of shares a company can sell in Canada and the United States.

Learn More:

1.EPS_6 Parts

link

2.Wealth gap

link

3.Credit card

link

Answer Details:

Grade: High school

Chapter: Shares and stock

Subject: Accounting

Keywords:

Which document determines the number of shares a company can sell, a stock prospectus, an annual bill of rights, a corporate charter, and an annual report, document, objectives of a company.

Answer from: Quest

The jugular vein located, on an animal, starts proximally at the base of the neck and moving towards the head along the jugular groove.

Answer from: Quest

So you know what happened and so it doesn’t repeat it’s self

Another question on Social Studies

Social Studies, 21.06.2019 16:00

Which research model refers to the study of an individual, group, or community over a predetermined period? a. cross-sectional model b. sectional model c. cross-sequential model d. longitudinal model

Answers: 1

Answer

Social Studies, 21.06.2019 20:00

Agood deal of what that brain believes it is experiencing depends on its

Answers: 1

Answer

Social Studies, 22.06.2019 22:40

The defendant is charged with the battery of a bouncer at a local tavern. at the trial, the prosecutor introduces evidence that while the bouncer was attempting to question the defendant about her intoxicated demeanor, the defendant committed a battery on the bouncer. the defendant attempts to defend against the charge on the basis of self-defense, insisting that the bouncer used excessive force in stopping her from entering the tavern. the defendant attempts to introduce into evidence an authenticated copy of the tavern records that show that three patrons had written complaints against the bouncer within the past six months for the use of excessive force. the prosecutor objects on the grounds that the records are inadmissible character evidence. should the court sustain the objection?

Answers: 3

Answer

Social Studies, 23.06.2019 06:00

African american men were illustrated as men who

Answers: 1

Answer

You know the right answer?

Which document determines the number of shares a company can sell? a. a stock prospectus b. an an...

Questions