Grainger Company is a major automotive parts manufacturer operating in six countries.It has no restrictions on stock sales and the stock is available to the
General public.Grainger Company is a _____ corporation.

Question

Quizplus · Accepted Answer

Grainger Company is a public corporation as it has no restrictions on stock sales and the stock is available to the general public, indicating that it is publicly traded. Private corporations are not available for public investment, closely held corporations have a limited number of shareholders, and limited liability corporations offer liability protection to their owners but are not necessarily publicly traded.

Grainger Company Is a Major Automotive Parts Manufacturer Operating in Six