A Corporation Whose Shares Are Held by Relatively Few Persons

question 5

True/False

A corporation whose shares are held by relatively few persons is a close corporation .

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Definitions:

Y Chromosome

A sex chromosome that is typically present in males, carrying genes that determine male sexual traits and development.

X Chromosome

One of the two types of sex chromosomes, present in both males and females, that plays a key role in determining genetic traits and sex.

Genitalia

The external and internal organs of the reproductive system in both males and females.

Primary Sex Characteristics

The physical features directly involved in reproduction, such as the ovaries in females and testes in males.