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

Question

Responses

Public corporations may issue stock.
Public corporations may issue stock.

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.

Answer 1

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

Shares of public corporations are traded on stock exchanges.

Public corporations are able to sell shares to the public, and those shares can be bought and sold on stock exchanges, while privately held corporations do not offer their shares to the public in this way.