Tim and Julia Are the Majority Shareholders of Eduventures,Inc

question 52

Essay

Tim and Julia are the majority shareholders of Eduventures,Inc.Together they own 800 of the company's shares.The remaining 200 shares are held by passive shareholders.The profits of Eduventures dwindled to just 8 percent last year.Furthermore,Tim and Julia realized that as much as 3 percent of profits are being spent in complying with the rules of public ownership.Suggest a way for them to "go private" without forming a new corporation.

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Definitions:

International Standards

Agreed-upon norms and technical specifications designed to ensure products, services, and systems are safe, reliable, and consistent worldwide.

Sulfur Oxide

A chemical compound comprised of sulfur and oxygen, which can exist in several forms, notable for its role in contributing to air pollution and acid rain.

Emissions

The act of releasing substances, especially gases or radiation, into the environment, commonly associated with pollutants from vehicles or industrial processes.

Comprehensive Environmental Response Compensation and Liability Act

A U.S. federal law, established in 1980, aimed at the cleanup of sites contaminated with hazardous substances and pollutants.