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Which of the Following Is a Defining Characteristic of Public

Question 55

Multiple Choice

Which of the following is a defining characteristic of public corporations?


A) Their stock can be bought,sold,or traded by anyone.
B) They do not pay taxes on their income.
C) Their stockholders do not receive any dividends.
D) They are owned and managed by just one or a few people.
E) They are not required to disclose any financial information to their stockholders.

Correct Answer:

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