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juncmodule juncmodule
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6 years ago
An arrangement in which employees and/or managers contribute a portion of their salaries and wages over time toward purchasing shares of a company's stock from the founder until they own the company outright is referred to as:
A) an IPO.
B) a leveraged buyout.
C) a hostile takeover.
D) an ESOP.
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
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Essentials of Entrepreneurship and Small Business Management 6th Edition by Scarborough
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MualoMualo
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6 years ago
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juncmodule Author
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You make an excellent tutor!
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