The Per Share Value of the Shares of a Minority

question 39

True/False

The per share value of the shares of a minority shareholder of a corporation is greater than the per share value of the shares of a majority shareholder.

Understand the principles of beneficence, nonmaleficence, justice, and autonomy in ethical counseling practice.

Recognize the legal and ethical obligations of counselors in the selection and administration of assessments.

Understand the significance of evaluating test norms and ensuring tests are appropriate for the client's demographic.

Recognize the role of professional associations in developing ethical standards.

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Definitions:

Gift Inter Vivos

A gift made voluntarily and without consideration during the giver's lifetime, distinct from a testamentary gift made through a will.

Contemplation of Death

A legal principle referring to actions or decisions made by an individual who expects to die soon, especially in creating or amending a will.

Uniform Transfers

Legal mechanisms designed to standardize the transfer of various types of assets or rights across different jurisdictions.

Custodian

A custodian is a person or organization that has responsibility for or takes care of something, such as managing and safeguarding assets.