When shares are sold 'at par' it means they are i...
When shares are sold 'at par' it means they are issued at
The market value
The nominal value
A discount
A premium
Correct answer is B
When shares are issued at a price equal to their face value it is termed as shares issued at par. Par value is also known as nominal value or face value.
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\(\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} &...