What Makes a "Publicly-Held" Corporation Different from a "Public" Corporation

question 87

Multiple Choice

What makes a "publicly-held" corporation different from a "public" corporation?

• A) A publicly-held corporation has many shareholders, while a public corporation is a corporation owned by a governmental entity.
• B) A publicly-held corporation is entitled to limited liability, but a public corporation is not.
• C) A publicly-held corporation must have a charitable purpose, while a public corporation need not have a charitable purpose.
• D) A public corporation is entitled to limited liability, but a publicly-held corporation is not.
• E) Both terms have the same meaning.

Understand the ethical considerations involved in product marketing and advertising claims.

Appreciate the complexities of social responsibility within the context of global and local actions by corporations.

Differentiate between the three concepts of social responsibility concerning their specific focus areas and constituencies.

Assess the ethical obligations of companies in relation to profit maximization and societal benefits.

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Definitions:

Sweaters

Knitted garments intended to cover the upper body and arms, providing warmth and comfort.

Cookies

Small pieces of data sent from a website and stored on a user's computer by the user's web browser while the user is browsing, often used to remember stateful information.

Medium Of Exchange

An instrument or system that facilitates the sale, purchase, or trade of goods between parties.

Universally Acceptable

Qualities or standards that are widely recognized and endorsed across different cultures, societies, or groups.