________ corporations have shares that are controlled by a relatively small number of people-family members,relatives,or friends.
A)Closely held
B)Domestic
C)Foreign
D)Alien

Question

Quizplus · Accepted Answer

Closely held corporations are those in which the majority of shares are held by a small group of individuals, such as family members, relatives, or friends. These corporations are often privately owned and not traded on public stock exchanges. The remaining options, domestic, foreign, and alien, do not relate to the ownership structure of a corporation.

________ Corporations Have Shares That Are Controlled by a Relatively