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.
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