Which of the Following Is Not a Common Feature of Closely

question 4

Multiple Choice

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

• A)The corporations have only one, or relatively few, shareholders.
• B)The business of these corporations is often sold due to the owner's wish to retire.
• C)The sale of these corporations may be structured in a way that allows family members or employees with minimal funds to buy the business.
• D)These corporations pay regular dividends to their public shareholders.

---

Definitions:

Division of Labor

The distribution of various segments of a production activity or job among different individuals to enhance productivity.

Social Glue

Metaphorical substance that holds and integrates a society or community together by shared values, beliefs, or interests.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all team members in an organization.

Actual Behavior

Actual behavior represents the actions or conduct of individuals in real-world situations, as opposed to their intentions or beliefs.