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Employee stock ownership plan (ESOP): A type of employee benefit plan in which a trust that is created for employees purchases their employer's stock. Question

Employee stock ownership plan (ESOP): A type of employee benefit plan in which a trust that is created for employees purchases their employer's stock. Question 11 options: True False Question 12 (1 point) To evaluate a company's earning potential, a buyer should review past income statement and balance sheet items. Sales tax records, income tax returns and financial statements are valuable sources of information. Question 12 options: True False Question 13 (1 point) Full form of ESOP :______________ Question 13 options: Employee sale ownership plan Employee stock ownership plan Economic stock ownership plan none of the above Question 14 (1 point) Liens: claims by debtor against a company's assets Question 14 options: True False Question 15 (1 point) The due diligence process involves investigating four critical areas of the business, which are ________, asset valuation, legal issues, and financial condition. Question 15 options: A) business valuation B) motivation C) planning D) negotiation

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