A key advantage of employee stock ownership plans is that the company gets a tax advantage equal to the fair market value of the shares that are transferred to the trustee and can also claim an income tax deduction for dividends paid on ESOP-owned stock

Indicate whether this statement is true or false.

Answer: TRUE

Business

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Jessica is twenty-nine years old and spends more time on Facebook than reading magazines. Despite her inclination toward social networking sites, she continues to listen to the radio or read magazines at times. Jessica is most likely to be a:

a. tween. b. Millenial. c. Gen Zer. d. baby boomer.

Business

Only shareholders have a vested interest in the ethical performance of an organization.

a. true b. false

Business