Multiple Choice
Kevin is a major stockholder in Professional Transmission Services (PTS) , a nationwide network of transmission repair shops founded in 1975 by his father. Currently, PTS stock is sold on the open market, but Kevin has talked to several relatives about his desire to get all of the PTS stock back in his family's hands. Kevin is interested in ________.
A) taking the firm private
B) a hostile takeover of the firm
C) converting the firm to a general partnership
D) forming a master limited partnership
Correct Answer:

Verified
Correct Answer:
Verified
Q286: Stockholders in a corporation normally exert a
Q287: If a corporation distributes after-tax profits to
Q288: A significant disadvantage of owning a sole
Q289: If a franchisee decides he wants out
Q290: A nonprofit corporation does not seek personal
Q292: The S corporation is likely to be
Q293: Attributes such as trust and integrity are
Q294: The ownership of Dogs of Denver, a
Q295: The form of business ownership best suited
Q296: The purpose of a farm cooperative is