Each of the following is correct regarding treasury stock except that it has been

a. retired.

b. issued.

c. reacquired.

d. fully paid for.

The correct answer is: All of the above are correct.

Explanation:

Treasury Stock is a company's own stock that holds in its treasury for later use. Often a company purchases its treasury stock on the open market. Treasury stock may also exist because the issuing company did not sell all of its outstanding shares. Treasury stocks can be issued, fully paid, reacquired and retired from the market.