All of the following are characteristics of a closely held ...

[TFauchery]

All of the following are characteristics of a closely held corporation EXCEPT
 A)the shares are publicly traded.
 B)the corporation can typically operate without a board of directors.
 C)the shareholders usually restrict share transfer.
 D)minority shareholders are provided more protection than in regular corporations.

Question 2

Tariffs are computed: I. As a percentage of value (ad valorem). II. On the basis of physical units (specific).
 A) I only.
 B) II only.
 C) Both I and II.
 D) Neither I nor II.

[sierrahalpin]

Answer to Question 1

A

Answer to Question 2

C

[TFauchery]

TYSM

[laurnthompson]

Thanks for the timely response, appreciate it