What is the difference between a public and a private corporation?
A) Public corporations issue shares whereas private corporations do not.
B) Public corporations are owned by a government whereas private corporations are owned by private individuals.
C) Public corporations are always large whereas private corporations are not allowed by law to be large.
D) Public corporations have articles of incorporation whereas private corporations do not.
E) Public corporations issue shares that are widely held whereas private corporations issue shares that are held by only a few people.
Correct Answer:
Verified
Q97: If sole proprietor Tom decided to merge
Q98: Your grandmother wishes to invest in your
Q99: Many professional organizations,such as legal and accounting
Q100: Marco and Sophia have decided to start
Q101: Gloria wants to turn her sole proprietorship
Q103: A public corporation is
A) one whose stock
Q103: In the double taxation endured by some
Q104: Liz has decided to issue shares of
Q105: Voting rights in a co-operative are
A) not
Q112: Due to his hard work and notable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents