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    Entrepreneurship A Process Perspective
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    Exam 13: Exit Strategies For Entrepreneurs: The Concluding Act
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    A Transfer of Ownership Plan Is a Situation Where a Business
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A Transfer of Ownership Plan Is a Situation Where a Business

Question 22

Question 22

True/False

A transfer of ownership plan is a situation where a business contributes to an Employee Stock Ownership Trust which uses the money to purchase shares of the business from existing shareholders.

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