A Corporation Whose Shares Are Held by a Small Number

question 2

Multiple Choice

A corporation whose shares are held by a small number of individuals is referred to as a:

• A)Proprietorship
• B)Publicly traded corporation
• C)Small business corporation
• D)Privately held corporation

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Definitions:

Quinney

Richard Quinney is a criminologist known for his contributions to critical criminology and the theory of social reality of crime, emphasizing the role of societal structures in defining crime and deviance.

Marxist Criminologists

Scholars who apply the economic and social theories of Marxism to study crime, its causes, and its effects on society.

Capitalist System

An economic system where private individuals or businesses own capital goods, and production is based on supply and demand in the market.

Powerful People

Individuals who hold significant authority, influence, or resources in a society, enabling them to affect outcomes and decisions.