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Differences between publicly traded and private corporations

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Problem - Corporate Form of Organization - Most large companies are organized as corporations. Furthermore, corporations are often classified as privately held or public corporations, with privately held corporations further distinguished as open or closed corporations.

Required -

List and briefly explain the advantages and disadvantages of the corporate form of organization.

Briefly explain the differences between publicly traded and private corporations. What distinguishes an open corporation from a closed corporation?

Reference no: EM132889145

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