The laws of some states require that corporations restrict their legal capital from distribution to stockholders

a. true
b. false

Answer: a. true

Business

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A holder of stock options can buy shares from the company at a specified future date, called the _____ date.

A. withdrawal expiration B. inception C. vesting D. annuitization

Business

Actual manufacturing overhead costs are credited to the Manufacturing Overhead account

Indicate whether the statement is true or false

Business