Author Question: All of the following are characteristics of a closely held corporation EXCEPT A)the shares are ... (Read 142 times)

TFauchery · **on:** Jun 24, 2018

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.