By law, what percent of assets must an employee stock ownership plan (ESOP)invest in its company's stock?
A)26 percent
B)51 percent
C)80 percent
D)75 percent
E)76 percent

Question

Quizplus · Accepted Answer

An employee stock ownership plan (ESOP)must, by law, invest at least 51 percent of assets in its company's stock, resulting in less diversification of investment risk (in some cases, no diversification).

By Law, What Percent of Assets Must an Employee Stock