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What is the difference between a closely held corporation and a publicly held corporation Brainly?A closely held corporation issues stock to only a few people, often family members, and these stockholders rarely trade their stock. A publicly held corporation, on the other hand, has many stockholders, and people can buy and sell stocks of the corporation in stock exchanges in the open market.
How does a closely held corporation differ from a publicly held corporation quizlet?How does a closely held corporation differ from a publicly held corporation? Closely Held Corporation has a limited number of owners who rarely trade stock. Publicly Held Corporation has many owners who buy or sell stock on the stock market.
Why are the main differences between publicly traded corporations and close corporations?The biggest difference between close or closely held private companies and publicly held or traded companies is that a closely held corporation has a tight-knit group of shareholders that make up the ownership committee for the business, while a publicly held corporation is one that is owned by stockholders.
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