IdentIfy the terms:

$1.$ An increase in the number of authorized, issued, and outstanding shares of stock, accompanied by a reduction in the stocks par value.

$2.$ Stockholder receives this as an evidence of stock ownership.

$3.$ A class of capital stock that represents the basic ownership of a corporation which carries with it the right to vote, right to profits and right to residual assets in liquidation.

$4.$ The Corporation Code of the Philippines provides a security to the creditors by setting aside a minimum fund of permanent investment which cannot be distributed to the stockholders in the lifetime of the corporation.

$5.$ Stocks that are put under auction for failure of a subscriber to make good his subscription within one month from call date are called

$6.$ It is the issuance by an enterprise of its own common stock to its common stockholders without consideration and under conditions indicating that such action is prompted mainly by a desire to increase the number of shares outstanding for the purpose of affecting a reduction in unit market price. $7.$ A privilege that may be extended to certain shareholders of a corporation that grants them the right to purchase additional shares in the company prior to shares being made available for purchase by the general public in the event of a seasoned offering, which is a secondary issuing of stock shares, is called $8.$ Persons who have agreed to take original, unissued shares but will pay the amount at a later date are called $\_\_\_\_.$ They become stockholders after they have fully paid their subscriptions.

$9.$ A corporation organized for profit.

$10.$ The conduct of business and administration of corporate properties are vested by law in a few stockholders elected by the stockholders.