What Defines Publicly Owned Companies

Question:

Publicly owned companies are those whose ownership shares are:

A) Bought and sold through stock exchanges or over-the-counter markets.

B) Bought and sold by public banks.

C) Owned by other publicly owned companies.

D) Owned by foreign corporations.

The correct answer is:

A) Bought and sold through stock exchanges or over-the-counter markets.

Explanation:

Publicly owned companies are those whose shares are traded on public stock exchanges or over-the-counter markets. This means their ownership is available to the general public, and shares can be bought and sold by individual and institutional investors.