Question

Piper is a manager in a corporation that was organized in Canada by one of his former coworkers. The company provides consulting services and training for architects employed by construction companies. The company recently went public, with shares being sold to about 500 investors. Piper’s company would be a __________ corporation

Answer 1

Answer: Professional

Step-by-step explanation:

Professional

Answer 2

A Public company

Step-by-step explanation:

A Public company is a business organization that has sold its share to the public through an initial public offer. Ownership of a public company is distributed in public through shareholding. Shares of a public company are traded freely in the stock exchange markets. Whoever buys a share becomes a part-owner of the company.