A corporation that issues stock to only a few people, often family members is what?

Social Studies

1 answer:

Leno4ka [110]3 years ago

7 0

Answer:

Some corporations issue stock only to a few people, often family members. These stockholders rarely trade their stock, but pass it on within families. Such corporations are called closely held corporations. They are also known as privately held corporations.

Explanation:

closely help corporations also known as privately help corporations

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