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In a bankruptcy situation, most shareholders only receive a percentage, if they are lucky, of their money back.
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A stock declaration or an offer authentication is an authoritative report that ensures responsibility for particular number of shares of stock in an organization. In extensive organizations, purchasing offers does not generally prompt a stock declaration.
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This certificate of stock will be given to the investor how have bought the stock share. This something like declaration form of ownership of share what investor has bought from that company. This gives the assurance to the investor that he has owned the shares of that company.