Melanie Has Worked for 20 Years for a Manufacturer of Specialized

Multiple Choice

Melanie has worked for 20 years for a manufacturer of specialized paint for the auto industry.Melanie stayed with the company rather than taking other job offers because of the generous ESOP,which has offset the somewhat lower than market pay.Which of the following statements is FALSE?

A) ESOPs are a low-risk way for employees like Melanie to be "capitalists."
B) The ESOP probably has made Melanie more focused on the company's performance than she would have been otherwise.
C) If the company goes bankrupt, Melanie may lose some or all of her anticipated retirement.
D) The ESOP was a successful retention tool in Melanie's situation.