92. Must shares be paid for in money?

93. If a person purchases shares from a stockholder at less than par, not knowing that the shares have not been paid for in full, is he liable to the corporation for the balance of their par value?

94. Define call and assessment.

95. May an assessment be made before a call?

96. May an assessment be made on stock paid for at par?

97. Define and give an example of watered stock.

98. Upon what authority may the capital stock of a corporation be increased or decreased?

99. What is a stock dividend?

100. How many kinds of stock are there?

101. Define preferred stock, and distinguish it from common stock.