1. What are the different features of employee stock ownership plans (ESOPs)2. What are the two types of ESOPs and their main characteristics?3. What are the general requirements of employee stock ownership plans and their relationship to an S Corp?4. Explain the different benefits of using ESOPs in a business organization for the employees and employer?5. Discuss the different elements of an employee stock ownership plan and how these elements set each plan aside from other benefits.6. What are some of the different practices and practicalities of ESOPs for S Corporations?7. Explain prohibited allocations of stock in an S Corporation ESOP and why this might occur.8. Discuss the different types of abusive transactions and how one might combat these and learn to avoid them in an S Corporation.