A Corporation Whose Stock Is Owned by Relatively Few People

question 3

Multiple Choice

A corporation whose stock is owned by relatively few people and is not traded openly in stock markets is called a(n) ____________ corporation.

• A)private
• B)public
• C)equity
• D)debt
• E)preferred

---

Definitions:

Base Class Constructor

A base class constructor is a method in the base class that is called when an instance of a class or a subclass is created, to initialize the object.

Extends Keyword

In programming languages like Java, it specifies that a class is deriving from a base class.

Inheritance

A mechanism in object-oriented programming that allows a class to inherit properties and behavior (methods) from another class.

Derived Class

A class that inherits properties and methods from another class, also known as a child or subclass.