Asked by India Barnett on Apr 23, 2024

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Which of the following is a corporation whose shares are eligible to be publicly traded in securities markets, such as the New York Stock Exchange?

A) Public corporation
B) Publicly held corporation
C) Closely held corporation
D) Private corporation

Publicly Held Corporation

A corporation whose shares are eligible to be publicly traded in securities markets, such as the New York Stock Exchange.

Securities Markets

Financial marketplaces where securities such as stocks and bonds are issued and traded between investors.

New York Stock Exchange

A leading global securities exchange where buyers and sellers trade shares in public companies.

  • Identifying the distinctions among nonprofit and for-profit entities, closely held and public companies, focusing on their establishment and traits.
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Verified Answer

JK
Joanne Kempinski6 days ago
Final Answer :
B
Explanation :
Publicly held corporations are those whose shares are available for trading on public securities markets, allowing a wide range of investors to buy and sell their shares.