Closely Held Corporations Are Characterized By

question 24

Multiple Choice

Closely held corporations are characterized by:

• A)a small number of shareholders,each holding on to lots of shares for a long time.
• B)a large number of shareholders,each holding on to a few shares for a long time.
• C)stock that is freely traded only among a few shareholders.
• D)stock that is not freely traded and often held by a few shareholders.

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Definitions:

Physiological Basis

The underlying physical and biological mechanisms that support a function, behavior, or phenomenon.

Paralysis

The loss of muscle function in part of your body, often due to damage to the nervous system.

Personality Disorders

Mental health conditions characterized by enduring, inflexible patterns of thought, feeling, and behavior that deviate significantly from cultural norms.

Inflexible

Lacking the ability to adapt or change to new situations or demands; rigid in thinking or action.