The central government of Arcadia requires that 80 percent of the proprietorship of a corporation should be held by its citizens.This particular requirement of the government is attributed to which of the following?

Question

Quizplus · Accepted Answer

The requirement that 80 percent of the proprietorship of a corporation should be held by Arcadian citizens is an ownership restriction imposed by the central government. This is aimed at controlling foreign ownership and maintaining local control over businesses operating within the country.

The Central Government of Arcadia Requires That 80 Percent of the Proprietorship