An ESOP:
A) allows an owner to transfer all or part of his company to the employees as gradually or as quickly as he chooses.
B) works best in companies where pre-tax profits exceed $100,000.
C) is not beneficial to companies with fewer than 15 to 20 employees.
D) All of the above

Question

Quizplus · Accepted Answer

An ESOP (Employee Stock Ownership Plan) allows owners to transfer ownership to employees, is most beneficial in profitable companies, and is typically more advantageous for companies with more than 15-20 employees.