A corporation whose stock is traded on at least one national securities exchange is known as a(n) corporation.

Question

Quizplus · Accepted Answer

A publicly held corporation is one whose stock is traded on at least one national securities exchange, such as the New York Stock Exchange or Nasdaq. Private corporations, on the other hand, are not traded on public exchanges and are typically owned by a small group of individuals or families. Closely held corporations are similar to private corporations, with a small group of owners and less outside ownership, but may have publicly traded stock. Eleemosynary corporations are non-profit organizations.

A Corporation Whose Stock Is Traded on at Least One