Question

For any pharmacy, if there is a stock ownership change of 30% or more, what happens?

a) The pharmacy must close temporarily
b) The pharmacy's hours of operation must change
c) The pharmacy must notify the board and obtain a new permit
d) The pharmacy must change its name

Answer 1

If there is a stock ownership change of 30% or more, the pharmacy must notify the board and obtain a new permit.

Step-by-step explanation:

A stock ownership change refers to a significant alteration in the ownership structure of a company's shares. This change can occur for various reasons, and it often has implications for corporate governance, decision-making, and the overall direction of the company.

For any pharmacy, if there is a stock ownership change of 30% or more, the pharmacy must notify the board and obtain a new permit.