Delta Inc., a large private corporation that deals in the manufacturing of car engines, is listed in the national stock exchange and has about 1,900 shareholders. The shareholders are allowed to freely transfer their interest in shares with the help of the stock exchanges and are eligible for certain dividends based on the number of shares they hold. It would be correct to say that Delta Inc. is a _____ corporation.

Question

Quizplus · Accepted Answer

Delta Inc. is listed on a national stock exchange and has numerous shareholders who can freely transfer their shares on the exchange, making it a publicly held corporation.

Delta Inc, a Large Private Corporation That Deals in the Manufacturing