When a business is publicly held by a large number of owners,the form of organization usually is a corporation.

Name: When a business is publicly held by a large number of owners,the form of organization usually is a corporation.
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When a business is publicly held by a large number of owners, the form of organization usually is a corporation. The reason for this corporate form being used is that shareholders can transfer their ownership without interfering with the organization's management.

When a Business Is Publicly Held by a Large Number