Which of the Following Is Not a Common Feature of Closely

question 7

Multiple Choice

Which of the following is not a common feature of closely held corporations?

• A) The corporation has only one, or relatively few, shareholders.
• B) The corporation may be sold to family members or employees who do not have enough cash to buy the business.
• C) The corporation is often sold due to the owner's wish to retire.
• D) The corporation pays regular dividends to its public shareholders.

---

Definitions:

Soviet Control

Refers to the political, economic, and military influence exerted by the Soviet Union over other countries, especially during the Cold War era.

Magazines

Periodical publications containing a variety of articles, stories, advertisements, and often photographs, catering to diverse interests.

Newsstands

Retail outlets that primarily sell newspapers, magazines, and other periodicals, often located in public places for easy access.

Ladies Home Journal

An American magazine that began publication in 1883, targeting women readers with articles about family, home, health, and social issues.