A Corporation Whose Stock Can Be Purchased by Anyone and Is

question 27

Multiple Choice

A corporation whose stock can be purchased by anyone and is traded in stock markets is known as a(n)

• A) sole proprietorship.
• B) S-corporation.
• C) closed corporation.
• D) open corporation.
• E) not-for-profit corporation.

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Definitions:

Informational Ads

Advertisements designed to educate the audience about a product or service, highlighting features, benefits, and usage.

Specific Information

Detailed and precise data or facts that are directly relevant to a particular context or subject.

Effective

Producing a decided, decisive, or desired effect.

Product

An item or service created through a process and offered in the market to satisfy a need or want.