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Which of the following is NOT true about a Canadian controlled private corporation ( CCPC ) : a . C C P C shares are
Which of the following is NOT true about a Canadian controlled private corporation CCPC:
a 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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