Ask Question
22 May, 02:59

Some corporate founders of Smith Company want to restrict the transferability of their stock and hold it in the hands of only a few individuals who are not allowed to sell it to the general public. What type of company is Smith Company?

+2
Answers (1)
  1. 22 May, 03:21
    0
    Privately held corporation

    Explanation:

    Privately held corporation is a business entity owned by a small number of people, and not having shares of ownership sold via a stock exchange or other public market.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Some corporate founders of Smith Company want to restrict the transferability of their stock and hold it in the hands of only a few ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers