All of the following are characteristics of a closely held corporation EXCEPT

A. the shares are publicly traded.
B. the corporation can typically operate without a board of directors.
C. the shareholders usually restrict share transfer.
D. minority shareholders are provided more protection than in regular corporations.


Answer: A

Business

You might also like to view...

Anya is composing a message that includes information regarding the nature of her relationship with a former employee. What type of message is she? writing???

A. Responding to a request for a recommendation B. Granting a claim C. Responding to a routine request D. Preparing a goodwill message E. Responding to a request for an adjustment

Business

Kiosk marketing connects users around the world to each other and to an amazingly large information repository

Indicate whether the statement is true or false

Business

The General Electric "strategic planning grid" relies on subjective judgments about business strengths and industry attractiveness.

Answer the following statement true (T) or false (F)

Business

Specific issues related to cultural differences can arise in the management of a multinational enterprise. All of the following are related to cultural differences EXCEPT:

A) a requirement to have local management. B) issues with promotion of women into management positions. C) issues with observation of religious holidays. D) nationalization of the assets of a company by the foreign government.

Business