Module 6 Assessment Review 2018Question1Which of the following is not an advantage of the corporate form of organization?Select one:a. Double taxation.b. Limited liability of stockholders.c. Continuous existence of the entity.d. Easy transfer of ownership.
Question2An arbitrary amount assigned by the board of directors to each share of a given class of no-par stockis:Select one:
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Question3Preferred stock that has dividends in arrears is:Select one:
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Question4Quinn Corporation issued 10,000 shares of $20 par value common stock at $50 per share. Howmuch would be considered to be Paid-In Capital in Excess of Par Value from Common Stock?Select one:
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