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The par value per share of common stock represents a) the minimum selling price of the stock established by the articles of incorporation. b) an arb...

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Question:

The par value per share of common stock represents

a)            the minimum selling price of the stock established by the articles of incorporation.

b)            an arbitrary amount established in the articles of incorporation                   

c)            the amount of dividends per share to be received each year                                       

d)            the minimum amount the stockholder will receive when the corporation is liquidated                   

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