To Retain Control and Avoid Accountability to Those with a Minority

question 84

True/False

To retain control and avoid accountability to those with a minority equity position in the firm, small business owners are often reluctant to give away any of the company's ownership.

---

Definitions:

Lease

A contractual agreement where one party (the lessee) is granted the right to use property owned by another party (the lessor) for a specified period in exchange for periodic payments.

Exist Physically

To have a presence or form that can be touched, seen, or felt in the material world.

Minerals

Naturally occurring inorganic substances with a definite chemical composition and, usually, a distinct crystalline form.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.