Which of the following is not a characteristic of a close corporation?   Question 28 options:   its shares are not traded publicly   its shares must be held by a single shareholder   its shares generally have transfer restrictions   it cannot be a Subchapter S corporation

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Which of the following is not a characteristic of a close corporation?
 

Question 28 options:

 
its shares are not traded publicly
 
its shares must be held by a single shareholder
 
its shares generally have transfer restrictions
 
it cannot be a Subchapter S corporation
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