Multiple Choice
Which of the following statement(s) is/are true?
A) Closely held corporations are owned by only a few shareholders - often family members.
B) Most closely held corporations require shareholders interested in selling their stock to offer it first to the corporation. This is known as the right of first refusal.
C) Shares of stock the corporation itself owns are called treasury stock.
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
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