Question

Zoe is a CEO of corporation she organized herself and the corporation has 15 shareholders the company operates in several States as well as outside the US her business consists mostly of training services for in-home medical Care personnel her company would be a __________ corporation? Is it closely held or is subchapter s

Answer 1

Answer: closely held

Explanation:

Based on the information that are given in the question, Care personnel company would be a closely held organization.

A closely held corporation, is also referred to as the closed corporation. For such firma, few number of people hold their stock.