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Determine which is the best description of authorized shares

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Reference no: EM132623615

Problem 1: Which is the best description of authorized shares?

Option 1: The total amount of shares that can be sold

Option 2: The total amount of shares a company has received cash for

Option 3: The total amount of shares held by the directors

Option 4: · The total amount of shares that can be publicly traded

Reference no: EM132623615

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