Multiple Choice
Closely held corporations are characterized by:
A) a small number of shareholders,each holding on to lots of shares for a long time.
B) a large number of shareholders,each holding on to a few shares for a long time.
C) stock that is freely traded only among a few shareholders.
D) stock that is not freely traded and often held by a few shareholders.
Correct Answer:
Verified
Correct Answer:
Verified
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