Which of the Following Statements Is False

question 97

Multiple Choice

Which of the following statements is false?

• A) When a corporation's shares are owned by a few individuals who are associated with or are the firm's management,we say that the firm is "closely held."
• B) A publicly owned corporation is simply a company whose shares are held by the investing public,which may include other corporations and institutions as well as individuals.
• C) Going public establishes a true market value for the firm and ensures that a liquid market will always exist for the firm's shares.
• D) When stock in a closely held corporation is offered to the public for the first time the transaction is called "going public" and the market for such stock is called the new issue market.

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Definitions:

Myers-Briggs Type Indicator

A psychological assessment tool designed to measure individual personality types based on Carl Jung's theory, encompassing four dichotomies of personality preferences.

Self-report Inventories

Psychological assessment tools where individuals provide subjective responses about their own thoughts, feelings, or behaviors.

Maudsley Personality Inventory

A psychological assessment tool designed to measure different aspects of personality, including neuroticism and extraversion.

Self

A concept that embodies the array of beliefs, perceptions, and feelings individuals have about themselves, influencing their behavior and interactions.