A public company is a company that has issued securities through an initial public offering and is traded on the open market. Shares of a public company may be traded on any of number of major exchanges. A public company is able to raise capital through the sale of its shares.

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A Public Company Is

Question 15

Multiple Choice

A public company is:

A) A company that is listed on the New York Stock Exchange.
B) A listed company.
C) A company that has issued securities through an initial public offering and is traded on the open market.
D) A company owned by a small amount of shareholders.
E) A company that has shareholders.

Correct Answer: