The Corporations Whose Stock Can Be Bought and Sold on Stock

question 65

Multiple Choice

The corporations whose stock can be bought and sold on stock exchanges and in over-the-counter markets are referred to as

• A)publicly owned corporations.
• B)sole proprietorships.
• C)closely held corporations.
• D)privately owned corporations.

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Definitions:

Latex Tubing

Flexible tubes made from latex, often used in medical, laboratory, and industrial settings.

Profit

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes associated with maintaining the business.

Bill

A statement of money owed for goods sold or services provided, presented to a purchaser by a vendor.

Red Bell Peppers

A cultivar of the species Capsicum annuum, noted for its sweet taste and vibrant red color, commonly used in cooking and salads.