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What Is the Minimum Number of Individuals Who Must Own

question 39

Multiple Choice

What is the minimum number of individuals who must own a corporation for it to avoid meeting the personal holding company designation?


Definitions:

Cultural Background

Refers to the social, ethnic, religious, and cultural factors influencing an individual’s identity, perceptions, and behaviors.

Two-Factor Theory

A psychological theory suggesting that employee satisfaction is influenced by motivation factors that enhance job satisfaction, and hygiene factors that can prevent dissatisfaction.

Hygiene Factors

Sources of job satisfaction such as salary, status, and security

Equity Theory

Theory that holds that motivation is based on our perception of fairness in comparison with others.

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