Question

Corporations in other countries are often called:

Answer 1

Answer:

Correct Answer

Joint stock companies

Public limited companies

Limited liability company

Explanation:  The answer provided by the other person is not correct the above answer is.

Answer 2

Answer:

The answer is public limited companies

Explanation:

Public limited company (PLC) is a terminology used in commonwealth nations to refer to limited liability company whose shares are available to the general public. In the US and other countries, a PLC is referred to as corporation. PLC's shares can be acquired by any person through trading in the stock market or an initial public offer.

A PLC or corporation can be listed or not listed on a stock exchange.  Under law, a PLC is supposed to publish its true financial position so that shareholders can know the worth of the shares they hold.