A corporation whose stock is held by only a small number of shareholders is an):

Question

Quizplus · Accepted Answer

A closely held corporation, also known as a closely held company or close corporation, is a corporation whose stock is held by a small number of shareholders, often members of the same family or a group of private investors. This is in contrast to a publicly traded corporation where shares of the company are held by a large number of investors and traded on a stock exchange.

A Corporation Whose Stock Is Held by Only a Small