Because Xerox is a ____________ corporation, an investor can purchase stock with the help of an account executive through the secondary market.

Question

Quizplus · Accepted Answer

The term "public corporation" refers to a company that has issued shares of stock to the general public, meaning that anyone can purchase shares on the open market. Xerox is a publicly traded company, meaning that an investor can purchase stock through a brokerage firm or other financial institution on the secondary market. Private corporations, on the other hand, are not publicly traded and their shares cannot be bought or sold on public exchanges. General, institutional, and securities are not relevant classifications in this context.

Because Xerox Is a ____________ Corporation, an Investor Can Purchase