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Question
Which of the following is the basic difficulty of owning a minority interest in a closely held corporation?
A. There is no ready market for the minority stock should a shareholder desire to dispose of it.
B. Stockholders with a minority interest have no rights in a closely held corporation.
C. Buy and sell agreements to own a minority interest are not allowed in a closely held corporation.
D. Minority shareholders have unlimited personal liability for the obligations of a closely held corporation.
E. Minority shareholders risk losing more than their investment amount.
Answer
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