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.

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

Privately held 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.

Public corporations allow for their shares to be bought and sold on public stock exchanges, whereas privately held corporations do not trade their shares on public markets.