Question: In general, the term par value, also called face value or nominal value, is the lowest legal price for which a corporation may sell its

In general, the term par value, also called face value or nominal value, is the lowest legal price for which a corporation may sell its shares. It has nothing to do with how much a corporations shares are actually worth or are sold for.

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In general, the term par value, also called face value or nominal value, is the lowest legal price for which a corporation may sell its shares. It has nothing to do with how much a corporations shares are actually worth or are sold for.

A. True

B. False

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