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Business, 02.03.2021 22:10 eddyjunior679

Rachel worked in one of her family's two furniture stores. When her grandfather decided to expand the business and build three more stores, Rachel realized that he would need
a lot of capital to get the construction started. She suggested that her grandfather raise
the money by selling shares of stock in the company to just a few people, not to the
general public. Her grandfather filed Articles of Incorporation with the government. He
sold 1,000 shares of stock to 100 people and kept 1,500 shares.

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