Firms That Have a Majority of Their Own Stock in Their

question 38

Multiple Choice

Firms that have a majority of their own stock in their employee 401(k) plans include:

• A)General Electric.
• B)Pfizer.
• C)Procter and Gamble.
• D)All of the Answer s are correct.

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Definitions:

American Revolutionary

A participant or supporter in the American Revolution, fighting for independence from British rule during the late 18th century.

Revolutionary War

The conflict between Great Britain and its thirteen American colonies from 1775 to 1783 that resulted in the colonies gaining independence and forming the United States of America.

Negotiations

The process by which two or more parties aim to reach a mutual agreement through dialogue and compromise on a matter of mutual interest.

Treaty of Fort Stanwix

A 1768 agreement between Native American nations and British colonists, establishing boundary lines in what is now the United States.