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Question 57 Which of the following is not an advantage of being a privately held corporation (usually all the shares are held by a small

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Question 57 Which of the following is not an advantage of being a privately held corporation (usually all the shares are held by a small group of people and the shares are not Not yet traded on a stock market)? answered Marked out of Select one: 1.00 O a. As a shareholder in a privately held corporation, selling your shares and no longer being involved with the corporation is easy and quick, you can get it done in a Flag day. question O b. You don't have to deal with a whole bunch of laws that apply to publicly traded companies, such as calling of shareholder's meetings, and executives of the company having to publicly announce when they sell shares. O c. You don't have deal with a large number of shareholders who often have different arguments and complaints. O d. You don't have to publicly publish the financial affairs of the corporation. Question 58 Which of the following is not an advantage of being in a publicly traded corporation (shares of the company can be bought and sold in the stock market)? Not yet answered Marked out of Select one: 1.00 Flag O a. Being a publicly traded corporation is good if you want the corporation's information, like income statements or who the executives of the corporation are, to be kept question confidential. O b. There is a certain prestige to being a publicly traded, it makes you look like a big company. O c. It is easier to raise money since you can continue to sell shares to the general public. O d. If you own shares in a publicly traded corporation, you feel safer because there is a way to sell your shares if you ever want to do it

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