Which of the Following Statements About Private Corporations Is True

question 34

Multiple Choice

Which of the following statements about private corporations is true?

• A)Private corporations trade on the stock exchange.
• B)Private corporations have only one shareholder.
• C)Private corporations are the same as proprietorships.
• D)Private corporations' shares are not available for sale unless the shareholders agree.

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Definitions:

Large Companies

Corporations or businesses that operate on a large scale, often with a vast number of employees and significant market influence.

Financial Constraints

Limitations on the availability or use of financial resources, impacting a person's or organization's ability to make decisions or investments.

Computer-Assisted Interviews

The use of computer technology to conduct interviews, including both software that guides the interview process and online platforms for remote interviewing.

Honest Responses

Genuine, truthful answers or feedback provided without deceit or manipulation.