The term vesting can best be described as which of the following?
A) paying shares out to employees on a regular,usually annual basis
B) imposing equity forfeitures on cofounders over a certain period of time on a piecemeal basis should they not stay with the company
C) defining a particular time and range of duties the cofounders must contribute to the business
D) determining the investment that each cofounder must contribute to the start and growth of the business
Correct Answer:
Verified
Q1: What government body creates a C-corp?
A)the state
Q3: Which of the following can be affected
Q4: Which of the following conditions is applicable
Q5: What is a major risk in following
Q6: In an LLC,how are profits and losses
Q7: A C corporation's disadvantage is double taxation.This
Q8: Typically,LLPs are only popular among what type
Q9: What support service for entrepreneurs is offered
Q10: What two characteristics should a lawyer have
Q11: A C corporation has transferable ownership,which refers
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