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5 April, 00:02

True or False

once the amount of equity someone has in a business has been established, it cannot be changed

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  1. 5 April, 00:24
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    That statement is false

    In business, the amount of equity could be changed through either of these two ways:

    - The first one is by buying out the shares that the company released. People would have more equity/ownership in the company if they hold more shares.

    - If the majority shareholders in the company have agreed to sacrifice the percentage of their ownership and granted it to someone else.
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