[jeff]

REG Resources:

Free REG Notes & Audio – https://www.another71.com/cpa-exam-study-plan

REG 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

REG Score Release: https://www.another71.com/cpa-exam-scores-results-release

[jeff]

NINJA Ben: Rematch with REG

https://www.another71.com/ninja-cpa-blogger-ben-23/

[jeff]

NINJA Ben: Rematch with REG

https://www.another71.com/ninja-cpa-blogger-ben-23/

[OCDisME]

@Qlad…Yes!

Becker Online - IL Candidate

FAR: 85
AUD: 85
BEC: 78
REG: 90

[OCDisME]

@Qlad…Yes!

Becker Online - IL Candidate

FAR: 85
AUD: 85
BEC: 78
REG: 90

[Kenada]

Ok I got it now too… I hope. :S

FAR 05/27/14; 786/110 - Done !

[Kenada]

Ok I got it now too… I hope. :S

FAR 05/27/14; 786/110 - Done !

[Kenada]

I need help with a questions please.

An Owner of common stock will not have any liability beyond actual investment if the owner.

A Paid less than par value for stock purchased in connection with an original issue of shares

B Agreed to perform future services for the corporation in exchange for original issue par value shares.

C Purchased treasury share for less than par value

D Failed to pay the full amount owed on a subscription contract for no par shares.

I need to know which you would pick and why.

FAR 05/27/14; 786/110 - Done !

[Kenada]

I need help with a questions please.

An Owner of common stock will not have any liability beyond actual investment if the owner.

A Paid less than par value for stock purchased in connection with an original issue of shares

B Agreed to perform future services for the corporation in exchange for original issue par value shares.

C Purchased treasury share for less than par value

D Failed to pay the full amount owed on a subscription contract for no par shares.

I need to know which you would pick and why.

FAR 05/27/14; 786/110 - Done !

[UCMCPA]

I'd guess A, but I can't tell you why lol

FAR - 84
AUD - 94
REG - 86
BEC - 86

[UCMCPA]

I'd guess A, but I can't tell you why lol

FAR - 84
AUD - 94
REG - 86
BEC - 86

[Kenada]

LOL I picked A too and not right 🙁

Its C ……so i thought okay i must have missed the boat here.

C is right as a corporation may resell treasury share without regard to par value. Therefore an owner of common stock who purchased treasury shares for less than par value will not have liability beyond actual investment.

A is not right because an owner of common stock who paid less than par value of stock with an original issue is contingently liable to creditors for the difference between the amount paid and par value

FAR 05/27/14; 786/110 - Done !

[Kenada]

LOL I picked A too and not right 🙁

Its C ……so i thought okay i must have missed the boat here.

C is right as a corporation may resell treasury share without regard to par value. Therefore an owner of common stock who purchased treasury shares for less than par value will not have liability beyond actual investment.

A is not right because an owner of common stock who paid less than par value of stock with an original issue is contingently liable to creditors for the difference between the amount paid and par value

FAR 05/27/14; 786/110 - Done !

[OCDisME]

@ insiyah24 What is the explanation given for C being the answer?

Becker Online - IL Candidate

FAR: 85
AUD: 85
BEC: 78
REG: 90

[OCDisME]

@ insiyah24 What is the explanation given for C being the answer?

Becker Online - IL Candidate

FAR: 85
AUD: 85
BEC: 78
REG: 90

[Kenada]

I edited my post above

FAR 05/27/14; 786/110 - Done !

[Author]

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