Asked by

Sonia Turitz
on Dec 18, 2024

verifed

Verified

For no-par shares, Ryan a shareholder, must pay ________.

A) depreciated values.
B) the 12 month average of the stock.
C) premium prices.
D) value that is assessed by the officers.
E) fair market value.

No-Par Shares

Stocks issued without a par value, meaning the company does not assign a formal value to them, but they still represent ownership in the company.

Shareholder

An individual or organization that owns shares in a corporation and has potential voting rights.

Fair Market Value

The price at which an asset would sell under normal conditions, where both buyer and seller are informed and willing.

  • Identify the distinctions in duties between shareholders and directors/officers, and recognize the responsibilities and entitlements of shareholders.
verifed

Verified Answer

CM
Collin MooreDec 24, 2024
Final Answer:
Get Full Answer