3. Assume a client who owns their own business comes to you for advice on establishing a Profit-Sharing Plan, in particular a Stock Bonus Plan. Please explain the required characteristics of stock bonus plans to your clients & give them at least three distinctions between profit sharing plans and stock bonus plans. In you own words define Net Unrealized Appreciation (NUA) & discuss its tax advantages. Now assume, you are presenting at a conference for Stock Bonus Plan Participants. Participants in attendance come from both Publicly Traded & Privately-Owned Corporations. They are confused about the voting rights of Stock Bonus Plans. What would you advise them?