

MCQOPTIONS
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1. |
Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ? |
A. | The market value of securities less any debt incurred and common stock and preferred stock |
B. | Funds provided to a business by the sale of stock |
C. | Both of them |
D. | None of them |
Answer» D. None of them | |