A corporation whose stock can be purchased by anyone and is traded in stock markets is known as a(n)

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15-06-2017
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A corporation whose stock can be purchased by anyone and is traded in stock markets is known as a(n)

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Greenleafable Greenleafable · Answer 1 · 2017-06-22T10:35:43+02:00

Greenleafable Greenleafable

22-06-2017

A corporation whose stock can be purchased by anyone and is traded in stock markets is known as an open corporation.
This means that these shares are not monopolized by a small group of investors, but rather can be bought by anyone who has such a desire to own them. The term which is opposite from an open corporation is a closed corporation.

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