Question

Corporations can be separated into two types. A (privately/publicly) held corporation does not offer its stock for public sale and usually has few stockholders. A (privately/publicly) held corporation offers its stock for public sale and can have thousands of stockholders.

Answer 1

A privately held corporation does not publicly offer stock and typically has fewer stockholders, while a publicly held corporation offers its stock for public sale and can have many stockholders.

Step-by-step explanation:

Corporations can be categorized into two types based on stock issuance and ownership. A privately held corporation does not offer its stock for public sale and typically has a limited number of stockholders, which could include individuals or companies.

of privately held firms might be large family-owned businesses or small startups. In contrast, a publicly held corporation offers its stock for public sale, allowing anyone to purchase shares and become part owners of the company. This can lead to thousands, or even millions, of stockholders, each with the ability to vote for the board of directors who govern the company. These corporations raise capital for expansion or operations by selling stock or issuing bonds in the financial market.