The typical form of the employee stock ownership plan (ESOP) involves a company:
A. offering restricted stock plans to all its employees, with the aim of retaining these employees rather than rewarding their individual performance.
B. taking out a loan, which is then used to buy a portion of the company's stock in the open market, with the purpose of gradually giving employees a major stake in the ownership of the company.
C. offering shares of stock to its employees only if they remain with the company for a specified period of time.
D. providing its employees with an option to buy its stock in the future at a predetermined fixed price.
Answer: B
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