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Question
Which of the following statements is true of publicly held business organizations?
A. Publicly held organizations are owned only by a few persons.
B. Publicly held organizations are only owned by the government.
C. Shareholders of publicly held organizations can transfer their ownership without interfering with the organizations management.
D. A family-operated business is an example of a publicly held business organization.
E. Publicly held organizations are free from all legal liabilities to its shareholders, which is the primary reason for this corporate form being used.
Answer
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