Which of the following statements is false concerning variables interest entities (VIEs)? a. VIEs have little need
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Question:
Which of the following statements is false concerning variables interest entities (VIEs)?
a. VIEs have little need for voting stock.
b. A VIE cannot take the legal form of a partnership or cooperation.
c. Most VIEs are established for valid business purposes.
d. VIEs may be formed as a source of low-cost financing.
e. Sometimes VIEs do not have independent management.
Related Book For
Strategic Management and Competitive Advantage Concepts and Cases
ISBN: 978-0133127409
5th edition
Authors: Jay B. Barney, William Hesterly
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