Complete the following using the terms listed below.
-A(n) ______ is a type of business owned by only a few shareholders and the shares are generally unavailable to outsiders.
A)sole proprietorship
B)small business
C)corporation
D)merger
E)acquisition
F)horizontal merger
G)conglomerate merger
H)cooperative
I)vertical merger
J)business incubators
K)business plan
L)closed corporation
M)preferred stock
N)franchising

Question

Quizplus · Accepted Answer

A closed corporation, also known as a closely-held corporation, is a type of business owned by only a few shareholders and the shares are generally unavailable to outsiders.

Complete the Following Using the Terms Listed Below