Solved

Which of the Following Statements Is True of Private Corporations

Question 86

Multiple Choice

Which of the following statements is true of private corporations?


A) Their stock can be bought or sold by anyone.
B) They do not pay taxes on their income.
C) Their workforce usually consists of fewer than 50 employees.
D) They are owned and managed by just one or a few people.
E) They are required to disclose financial information publicly.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions