Tyler, Dusty, and Matt own all shares of stock in Abels Enterprises, and shares of stock are not offered to the general public.

Question

3 years ago

15

Abels Enterprises is likely a _______.

1 answer:

kobusy [5.1K] · Answer 1 · 2022-08-29T04:49:26+03:00

5 0

Abels Enterprises is likely a closely held corporation because shares of stock are not offered to the general public.

Since Abels Enterprises is a closely held corporation, it has a limited number of stockholders and its stocks are rarely exchanged.

Tyler, Dusty, and Matt own all shares of stock in Abels​ Enterprises, and shares of stock are not offered to the general public.