Which of the following is not a common feature of closely held corporations?
A) The corporations have only one, or relatively few, shareholders.
B) The business of these corporations is often sold due to the owner's wish to retire.
C) The sale of these corporations may be structured in a way that allows family members or employees with minimal funds to buy the business.
D) These corporations pay regular dividends to their public shareholders.
Correct Answer:
Verified
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