Asked by Alanna Henry on Jun 09, 2024
Verified
Distinguish between a par-value share and a non-par-value share.
Par-value Share
A stock with a face value as specified in the corporate charter beyond which it cannot be sold upon initial offering.
Non-par-value Share
Shares issued without a nominal or face value, with their selling price determined by the market or by the issuing company.
Distinguish
To recognize or treat as different; to make a clear separation between two or more things.
- Gain an understanding of the variations between different share types and their qualities.
Verified Answer
Learning Objectives
- Gain an understanding of the variations between different share types and their qualities.
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