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Question 1 of 5
1. Question
An important characteristic of a closely held business is _____.
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Question 2 of 5
2. Question
When a sole proprietor dies, _____.
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Question 3 of 5
3. Question
To be designated a closely held corporation, at least _____ of the firm’s stock must be owned by no more than ____ people.
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Question 4 of 5
4. Question
A closely-held corporation is usually _____.
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Question 5 of 5
5. Question
In situations wherein a sole proprietor has no family to whom the business can be left, _____ may fund the purchase of the business using a split-dollar arrangement.
