As defined in the text, a separate legal entity that is run by a few shareholders having limited liability, and whose shares are rarely traded is known as a __________.

Name: As defined in the text, a separate legal entity that is run by a few shareholders having limited liability, and whose shares are rarely traded is known as a __________.
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Question

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A closely held corporation is a type of corporation where shares are held by a small number of shareholders, and these shares are not publicly traded.

As Defined in the Text, a Separate Legal Entity That