________ have shares that are controlled by a relatively small number of people,often family members,relatives,or friends.
A)International partnerships
B)Publicly traded corporations
C)Closely held corporations
D)Privately held corporations

Question

Quizplus · Accepted Answer

Closely held corporations are also known as privately held corporations. It means that the shares are controlled by a small number of people, often family members, relatives or friends. These corporations are not listed on public stock exchanges and the shares are not available to the general public. On the other hand, publicly traded corporations (B) have shares that are available to the general public and can be bought and sold on public stock exchanges, while international partnerships (A) are agreements between two or more individuals or entities from different countries to work together for mutual benefit.

________ Have Shares That Are Controlled by a Relatively Small