Question

Issued shares that have been repurchased by the corporation are referred to as ________ shares.

1) outstanding
2) liquidated
3) unissued
4) treasury

Answer 1

The correct answer is 4) treasury shares. Issued shares that have been bought back by a corporation are known as treasury shares, which the company can reissue at a later date but do not have voting rights or pay dividends while held as treasury stock.

Step-by-step explanation:

Issued shares that have been repurchased by the corporation are referred to as treasury shares. When a company buys back its own stock, these shares do not disappear; instead, they are held by the company and can be reissued in the future. Treasury shares do not confer any voting rights and do not pay dividends while held by the company. It's important to note that outstanding shares are those held by investors and available in the market excluding treasury shares, while unissued shares are the portions of authorized shares that have never been issued.

Issued shares that have been repurchased by the corporation are referred to as treasury shares. These shares are held in the company's treasury and can be reissued or retired at a later time. Treasury shares do not have voting rights or receive dividends.