Public companies whose stock is listed on a stock exchange must employ an independent registrar.

Question

Quizplus · Accepted Answer

It is true that public companies whose stock is listed on a stock exchange must employ an independent registrar. A registrar is a third-party organization that maintains the official record of who owns the company's stock. By employing an independent registrar, the company helps ensure the accuracy and integrity of this record, which is important for both shareholders and the company's management.

Public Companies Whose Stock Is Listed on a Stock Exchange