Economics Semester Exam

Question

11 of 3111 of 31 Items

Question
Which of the following is a primary difference between a privately held corporation and a public corporation?(1 point)
Responses

Shares of public corporations are traded on stock exchanges.
Shares of public corporations are traded on stock exchanges.

Privately held corporations may issue stock.
Privately held corporations may issue stock.

Shares of privately held corporations are traded on stock exchanges.
Shares of privately held corporations are traded on stock exchanges.

Public corporations may issue stock.

Answer 1

The primary difference between a privately held corporation and a public corporation is:

Shares of public corporations are traded on stock exchanges.

Privately held corporations do not trade their shares on stock exchanges.