Corporations can be separated into two types. A held corporation does not offer its stock for public sale and usually has few stockholders. A held corporation offers its stock for public sale and can have thousands of stockholders.

A privately held corporation does not offer its stock for public sale and usually has few stockholders. A publicly held corporation offers its stock for public sale and can have thousands of stockholders.

Explanation:

Privately held corporations are owned by a few investors. Such a firm has limited ownership and can only sell its shares to private investors and not the public.

Publicly held corporations, can sell shares or stock to the public and can list on the stock exchange. In such a corporation, ownership is not limited to only private investors.

Corporations can be separated into two types. A __________ held corporation does not offer its stock for public sale and usually has few stockholders. A __________ held corporation offers its stock for public sale and can have thousands of stockholders.

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Corporations can be separated into two types. A held corporation does not offer its stock for public sale and usually has few stockholders. A held corporation offers its stock for public sale and can have thousands of stockholders.