A Parent Might Attempt to Resolve a Transfer of Ownership

question 62

Multiple Choice

A parent might attempt to resolve a transfer of ownership by giving children active in the firm's management _____ stock and giving nonactive children _____ stock.

• A) preferred, common
• B) growth, speculative
• C) common, preferred
• D) more, less

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Definitions:

Decenter

In Piaget’s terminology, to think simultaneously about several aspects of a situation.

Piaget

Jean Piaget, a Swiss psychologist renowned for his work in child development and his theory of cognitive stages.

Situation

Refers to a set of circumstances or a scenario in which individuals find themselves, which can affect their actions and decisions.

Irreversibility

Piaget’s term for a preoperational child’s failure to understand that an operation can go in two or more directions.