Shares of stock that have been issued by the corporation at their par or issued value of the shares, when in fact no consideration was received paid by the subscriber with the understanding that he...

Shares of stock that have been issued by the corporation at their par or issued value of the shares, when in fact no consideration was received paid by the subscriber with the understanding that he need never pay for them, would technically be called

1. a) “Discounted stock”


2. b) “Premium stocks”


3. c) “Watered stocks”


4. d) “Bonus stocks”