A corporation whose stock is not traded on the national securities exchanges but is held by a small group of people is a corporation.

Question

Quizplus · Accepted Answer

A closely held corporation is owned by a small group of people and their stock is not publicly traded on the national securities exchanges. Multinational and transnational corporations refer to corporations that operate in multiple countries. Publicly held corporations are those whose stock is traded on the national securities exchanges and are owned by a large number of shareholders.

A Corporation Whose Stock Is Not Traded on the National