Hyperion company has an authorized capital stock of one thousand shares with a par value of $100 per share, of which nine hundred shares, all fully paid, were outstanding. having an ample surplus, hyperion company purchased from its shareholders one hundred shares at par. subsequently, hyperion, needing additional working capital, issued the two hundred shares in question to alexander at $80.00 per share. two years later, hyperion company was forced into bankruptcy. explain how much, if any, the trustee in bankruptcy may recover from alexander.
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Business, 31.10.2019 04:31, davisnaziyahovz5sk
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Hyperion company has an authorized capital stock of one thousand shares with a par value of $100 per...
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