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Which of the Following Is Not a Common Feature Often

Question 3

Multiple Choice

Which of the following is not a common feature often associated with closely held corporations?


A) The corporation has only one, or relatively few, shareholders.
B) The corporation is often sold due to the owner's wish to retire.
C) The corporation may be sold to family members or employees who do not have enough cash to buy the business.
D) The corporation pays regular dividends to its public shareholders.

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