If a corporation issues 1,000 shares of $3 par common stock for $7 a share, how much is the legal

If a corporation issues 1,000 shares of $3 par common stock for $7 a share, how much is the legal

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 If a corporation issues 1,000 shares of $3 par common stock for $7 a share, how much is the legal capital?






$3,000


 


$7,000


 


$0


 


$4,000


 
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