Which of the following is generally UNTRUE regarding closely held corporations? a. most corporations in the...

Which of the following is generally UNTRUE regarding closely held corporations?

a. most corporations in the U.S. are closely held

b. buy-sell agreements among shareholders are common place in closely held corporations

c. sharehlders usually have little voice in the management and control of the business

d. some states have enacted legislation to accommodate the needs of closely held corporations

Expert Solution

Sharehlders usually have little voice in the management and control of the business is generally UNTRUE regarding closely held corporations

Option C is correct

ekkarill92 answered 2 years ago

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