A public corporation refers to a corporation ________.
A) that is allowed to sell stock only to a limited number of investors
B) whose stock is sold to general people
C) that is owned solely by the federal government
D) that is owned solely by state/federal government
E) whose stock is not traded in stock exchanges or other markets

Question

Quizplus · Accepted Answer

A)A public corporation refers to a corporation whose stock is sold to the general public. It is also known as publicly held or publicly traded corporation.
B)A public corporation refers to a corporation whose stock is sold to the general public. It is also known as publicly held or publicly traded corporation.
C)A public corporation refers to a corporation whose stock is sold to the general public. It is also known as publicly held or publicly traded corporation.
D)A public corporation refers to a corporation whose stock is sold to the general public. It is also known as publicly held or publicly traded corporation.
E)A public corporation refers to a corporation whose stock is sold to the general public. It is also known as publicly held or publicly traded corporation.

A Public Corporation Refers to a Corporation ________