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hich of the following is NOT true about a Canadian controlled private corporation ( CCPC ) : Question 1 Answer a . CCPC shares are
hich of the following is NOT true about a Canadian controlled private corporation CCPC:
Question Answer
a
CCPC shares are not traded on a public stock exchange such as the Toronto Stock Exchange TSE
b
The corporation is not controlled by a public corporation.
c
The corporation is controlled by nonresidents.
d
The corporation is controlled by Canadian residents, who could be either individuals or another corporation.
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