Which of the following statements is true of publicly held business organizations?
A) Publicly held organizations are owned only by a few persons.
B) Publicly held organizations are only owned by the government.
C) Shareholders of publicly held organizations can transfer their ownership without interfering with the organization's management.
D) A family-operated business is an example of a publicly held business organization.
E) Publicly held organizations are free from all legal liabilities to its shareholders, which is the primary reason for this corporate form being used.

Question

Quizplus · Accepted Answer

Shareholders of publicly held organizations can transfer their ownership without interfering with the organization's management. When a business is publicly held by a large number of owners, the form of organization usually is a corporation.

Which of the Following Statements Is True of Publicly Held