Closely-held vs Publicly-held Business

What is a key characteristic of a privately held business?

• It is owned by a government entity.

• Its ownership is not publicly traded.

• It has gone through full registration with the SEC.

• It is traded on public exchanges.

How is a closely held business typically structured?

• It is owned by a single government entity.

• It has a wide and diverse ownership base.

• It is publicly traded on stock exchanges.

• It is owned by a close-knit group of individuals.

What is a statutory closely held entity?

• A government-owned corporation.

• A type of public company with strict regulations.

• A corporate entity that can bypass certain maintenance requirements.

• A business entity owned by a single individual.

What distinguishes a publicly held entity from a closely held one?

• Publicly held entities have shares traded publicly on exchanges.

• Closely held entities have shares available for public purchase.

• Publicly held entities are not traded on exchanges.

• Closely held entities are owned by government bodies.

What is an over-the-counter transaction?

• A transaction conducted on a public stock exchange.

• A private transaction between public individuals.

• A government-regulated trade.

• A transaction involving only government bonds.