Consider a Corporation That Was Originally 100% Family Owned

Multiple Choice

Consider a corporation that was originally 100% family owned.Which of the following statements is TRUE?

A) Each time the company issues new shares family control may be reduced.
B) If the family owns more than 50% of the shares they still have effective control of the firm.
C) Even if the family owns less than 50% of the outstanding shares they may still retain effective control of the firm,especially if there are no other large shareholders.
D) All of the above are true.