The total amount of shares that a corporation's charter allows it to issue is: Issued. Authorized....
The total amount of shares that a corporation's charter allows it to issue is:
Issued.
Authorized.
Common.
Preferred.
Outstanding.
Homework Answers
Authorized Capital is known as amount of capital and number of shares which are authorized and Corporation's charter allowed to issue. If corporation needed to issue beyond the authorized capital , it has to alter its charter to increase its authorized capital.
So Option 1 is Correct Answer.
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The total amount of shares that a corporation's charter allows
it to issue is:
Issued.
Authorized....
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