Answer:
Public corporations is the correct answer .
Explanation:
The corporation whose stock can be bought and sold on stock exchanges and in over the counter markets are referred to as public corporations.
A Public corporation is one who sell its share to general public . Public corporation issues prospectus to invite the public to issue its share. Public corporations stocks are traded on stock exchanges. A public corporation only allot its share when it receive minimum subscription money.
Public corporation can only start its business after receiving the certificate of commencement .
The public corporation can only issue shares in dematerialised form .
