A company is said to "go public" when it sells its voting __________ shares for the first time to outside investors through use of public markets such as the New York Stock Exchange (NYSE).
A) common
B) uncommon
C) obligatory
D) None of the choices are correct.

Question

Quizplus · Accepted Answer

When a company "goes public," it sells its common shares to outside investors for the first time, typically through public markets like the NYSE. Common shares usually come with voting rights.

A Company Is Said to "Go Public" When It Sells