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 publicly traded corporation, allows anyone to purchase shares of its stock on the open market. Therefore, since anyone with money can purchase shares of Coca-Cola's stock, it is an open corporation.

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