What Type of Company Has Stock That Is Widely Held

question 104

Multiple Choice

What type of company has stock that is widely held and available for sale to the general public?

• A) private corporation
• B) public corporation
• C) general partnership
• D) limited liability corporation
• E) professional corporation

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Definitions:

Administrative Agency Disputes

Conflicts or disagreements that arise in the context of the actions, decisions, or policies of federal, state, or local government agencies, often subject to review in administrative hearings or courts.

United States Congress

The bicameral legislative body of the federal government of the United States, consisting of the Senate and the House of Representatives.

Create

To bring something into existence or cause it to be made, often referring to innovation, construction, or design processes.

Dissolve

The formal closing or termination of an entity, such as a corporation or partnership, often involving the distribution of assets to claimants.