Business Studies

Feature(s) of a public corporation is/ are ________________________.


Answer & Solution

Neither (A) nor (B)


SOLUTION
A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets.

A company whose shares are publicly traded and are usually held by a large number (hundreds or thousands) of shareholders. The usual British term is public limited company. A government owned company such as an airline or publictransit company. See also corporation sole.
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Single Correct Medium Published on 18th 08, 2020
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