Anyone with the money can purchase shares of Coca-Cola's stock.This makes Coca-Cola a(n) ____ corporation.
A) Closed
B) Open
C) Domestic
D) Foreign
E) Alien

Question

Quizplus · Accepted Answer

An open corporation, also known as a public corporation, is a company whose shares of stock are publicly traded on the stock market and can be purchased by anyone who has the money to do so. Coca-Cola is a publicly traded company, so it is an open corporation.

Anyone with the Money Can Purchase Shares of Coca-Cola's Stock