A closed corporation is one that A. Sells stock, but is taxed as if it were a corporation B. Has stock that can be bought and sold by any individual C. Does not sell stock D. Has a limited number of stockholders and sales and exchanges of the stock are restricted

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter31: Capital Markets
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A closed corporation is one that A. Sells stock, but is taxed as if it were a corporation B. Has stock that can be bought and sold by any individual C. Does not sell stock D. Has a limited number of stockholders and sales and exchanges of the stock are restricted
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