Integrated Devices, Inc., is a private, for-profit corporation that is owned by five shareholders who are members of the same family. Integrated is

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Quizplus · Accepted Answer

Integrated Devices, Inc., fits the definition of a close corporation, which is a corporation whose shares are owned by a small number of individuals and are not publicly traded. Additionally, the fact that the shareholders are all members of the same family supports the classification as a close corporation.