____ Stock Is Carried to Stimulate Demand

question 70

Multiple Choice

____ stock is carried to stimulate demand.

• A)Base
• B)Speculative
• C)Attractive
• D)Psychic

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Definitions:

Fewer than 100 Shareholders

A characteristic of some business entities, like S-corporations, which limits the number of shareholders to maintain eligibility for certain tax benefits.

Model and Revised Acts

Model and Revised Acts are standardized legislative drafts provided as a suggestion for lawmaking bodies to adopt or adapt, aiming to create uniformity across jurisdictions.

Diversity of Citizenship

A legal requirement for federal jurisdiction, where parties involved in a lawsuit are citizens of different states or countries.

Principal Office

The main location or headquarters of a corporation where official business is conducted; often listed in legal documents.