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SCENARIO 5-1 Your Corporation Has Decided to Let Employees Purchase Stock in Stock

Question 9

True/False

SCENARIO 5-1
Your corporation has decided to let employees purchase stock in an employee stock ownership plan (ESOP).Each employee will have the opportunity to have a certain percentage of his or her pay put into an account to purchase stock in the company.
Employees will probably be able to hold and/or sell their stock whenever they like.

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