The two ways that a corporation can be classified by ownership are
A)publicly held and privately held.
B)shares and non-shares.
C)federal and provincial.
D)majority and minority.

Question

Quizplus · Accepted Answer

Corporations can be classified by ownership as either publicly held, meaning their shares are available for public trading on stock exchanges, or privately held, where shares are not available to the public and are held by a limited number of investors.

The Two Ways That a Corporation Can Be Classified by Ownership