Multiple Choice
An arrangement in which employees and/or managers contribute a portion of their salaries and wages, over time, toward purchasing shares of a company's stock from the founder until they own the company outright, is referred to as:
A) an IPO.
B) a leveraged buyout.
C) a hostile takeover.
D) an ESOP.
Correct Answer:

Verified
Correct Answer:
Verified
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