A Flexible-Price Policy Is Illegal in the U.S

question 285

True/False

A flexible-price policy is illegal in the U.S.

---

Definitions:

Private Corporations

Companies that do not offer or trade their company stock (shares) to the general public on the stock market but rather the stock is offered, owned, and traded or exchanged privately.

Closely Held

A company that has a limited number of shareholders and whose stocks are not publicly traded.

Publicly Held

Describes a company whose shares are traded openly on stock exchanges, allowing members of the general public to buy and sell shares.

Corporate Bylaws

The rules and procedures established by a corporation to govern its operations and management.