A private corporation is a corporation whose stocks are traded openly in stock markets and maybe purchased by individuals.

Name: A private corporation is a corporation whose stocks are traded openly in stock markets and maybe purchased by individuals.
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Question

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A private corporation is a corporation whose stocks are not traded openly in stock markets, and cannot be purchased by individuals. They are typically owned by a small group of individuals or by a single person.

A Private Corporation Is a Corporation Whose Stocks Are Traded