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Bill Folk is the chief operating officer at a global tech firm who is required by the terms of his employment contract to own a

Bill Folk is the chief operating officer at a global tech firm who is required by the terms of his employment contract to own a minimum of $2 million in his companys stock. Bill is compensated with shares of stock deposited into his company sponsored retirement plan. This constraint is most likely:

a. Tax.

b. Time.

c. Legal.

d. Behavioral.

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