The Two Ways That a Corporation Can Be Classified by Ownership

question 63

Multiple Choice

The two ways that a corporation can be classified by ownership are

• A) publicly held and privately held.
• B) shares and non-shares.
• C) federal and provincial.
• D) majority and minority.

---

Definitions:

Dissolved

A process in which solids are mixed into liquids to create a uniform solution, commonly occurring in both nature and chemical reactions.

Chemical Weathering

The breakdown of rocks and minerals through chemical reactions with substances in the environment, like water, oxygen, and acids.

Critical Factor

An essential element or condition required for a process or outcome to occur, often determining success or failure.

Gentle Slopes

Slopes with a gradual incline, typically found in landscapes where erosion has smoothed the terrain over time.