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1.Which of the following statements are true about closely held corporations a.The shares cannot be traded freely with the public b.They are heavily reliant on

1.Which of the following statements are true about closely held corporations

a.The shares cannot be traded freely with the public

b.They are heavily reliant on a well-crafted shareholder agreement

c.All decisions must be unanimous

d.The are generally small businesses but can be large businesses too

e.The are regulated in the same manner as broadly held corporations

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