Privately held corporations register shares with the Securities and Exchange Commission before selling them to shareholders.

Name: Privately held corporations register shares with the Securities and Exchange Commission before selling them to shareholders.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is false. Privately held corporations are not required to register their shares with the SEC before selling them to shareholders. This is only required for publicly traded corporations.

Privately Held Corporations Register Shares with the Securities and Exchange