Which of the following is a primary difference between a privately held corporation and a public corporation?

Question

a. Shares of privately held corporations are traded on stock exchanges
b. Privately held corporations may issue stock
c. Public corporations may issue stock
d. Shares of public corporations are traded on stock exchanges

Answer 1

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

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

Public corporations have their shares listed on stock exchanges, allowing them to be bought and sold by the general public. In contrast, shares of privately held corporations are not traded on public stock exchanges.