What type of company trades on an organized stock exchange?

Question

Quizplus · Accepted Answer

A public company is the type of company that has issued shares that can be publicly traded on an organized stock exchange, such as the New York Stock Exchange or NASDAQ. This means that anyone can buy and sell shares in the company on the open market. Limited liability companies and private companies, on the other hand, do not issue publicly traded shares. Crown corporations are owned by the government and do not trade publicly.

What Type of Company Trades on an Organized Stock Exchange