Question

legal capital is best defined asa. the amount of capital the state of incorporation allows the company to accumulatea corporate form of business organization, legal capital is best defined asover its existence.b. the par value of all capital stock issued.c. the amount of capital the federal government allows a corporation to generate.d. the total capital raised by a corporation within the limits set by the Securities andExchange Commission

Answer 1

B. the par value of all capital stock issued

Step-by-step explanation:

The legal capital is best defined as the par value of all capital stock issued