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:

Free Riding

Benefiting from resources, goods, or services without contributing to the cost or effort involved.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving on simple tasks and doing worse on complex tasks.

Friendly Audience

A group of people who are supportive, receptive, and encouraging, often making it easier for speakers or performers.

Social Control

A mechanism used by society to regulate individual behavior and maintain social order.