One of the Advantages of an Employee Stock Ownership Plan

question 7

Multiple Choice

One of the advantages of an Employee Stock Ownership Plan is that ________.

• A) the owner will have to look for buyers in the general public
• B) it will prevent employees from having control of the company
• C) employees will likely quit and leave
• D) ESOPs offer tax breaks to the company

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Definitions:

Percentage

A proportion or share expressed as a fraction of 100.

Inferential Statistics

The branch of statistics that allows making predictions or inferences about a population based on a sample of data drawn from that population.

Descriptive Statistics

Statistical methods that summarize and describe the features of a dataset.

Descriptive Measure

Statistical calculations that summarize or describe the characteristics of a set of data, including measures such as mean, median, and mode.