Consider a corporation that was originally 100% family owned. Which of the following statements is TRUE?
A) Each time the company issues new shares family control may be reduced.
B) If the family owns more than 50% of the shares they still have effective control of the firm.
C) Even if the family owns less than 50% of the outstanding shares they may still retain effective control of the firm, especially if there are no other large shareholders.
D) All of the above are true.
D
You might also like to view...
To apply factory overhead to work in process, an entry is made
a. debiting Factory Overhead and crediting Work in Process. b. debiting Work in Process and crediting Factory Overhead. c. debiting Cost of Goods Sold and crediting Work in Process. d. debiting Factory Overhead and crediting Cost of Goods Sold.
Under an experience-rating system, an employer can qualify for a lower state unemployment rate if fewer employees receive unemployment compensation
Indicate whether the statement is true or false
When a leader ignores a subordinate, or gives him the “silent treatment,” this could be considered ______.
a. ethical punishment b. “tough love” c. abusive behavior d. an act of commission
Syndicated research provides a company with primary data
Indicate whether the statement is true or false