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The number of shares a corporation may issue is specified in the articles of incorporation and...

The number of shares a corporation may issue is specified in the articles of incorporation and approved by the Securities and Exchange Commission.

True or False

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Statement is FALSE : The number of shares a corporation may issue is specified in the articles of incorporation and approved by the Securities and Exchange Commission

Article of asocitation will have total number of authorized share, corporate may decide its own what number of share they need to issue but number should not be exceeding autotized share capital

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