True or False

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

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.