An Arrangement in Which Employees And/or Managers Contribute a Portion

question 29

Multiple Choice

An arrangement in which employees and/or managers contribute a portion of their salaries and wages, over time, toward purchasing shares of a company's stock from the founder until they own the company outright, is referred to as:

• A) an IPO.
• B) a leveraged buyout.
• C) a hostile takeover.
• D) an ESOP.

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Definitions:

Ophthalmoscope

A tool used by healthcare professionals to examine the interior of the eye, including the retina and optic nerve.

Optic Chiasm

An X-shaped structure formed by the crossing over of the optic nerves, allowing visual information from both eyes to be processed by both hemispheres of the brain.

Retina

The light-sensitive layer of tissue at the back of the inner eye which converts light into neural signals sent to the brain.

Cones

Photoreceptor cells in the retina of the eye that are responsible for color vision and function best in relatively bright light.