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 publicly held, where shares are traded on public stock exchanges, or privately held, where shares are not available to the public.

The Two Ways That a Corporation Can Be Classified by Ownership