Examveda
Examveda

Stock in small companies, owned by few people but not actively traded is classified as

A. closely held stock

B. largely held stock

C. attributed stock

D. successful stock

Answer: Option A

Solution(By Examveda Team)

Stock in small companies, owned by few people but not actively traded is classified as closely held stock. A closely-held stock is a circumstance wherein a company's common shares are predominantly owned by one individual owner or by a small group of controlling stockholders.

This Question Belongs to Commerce >> Financial Management

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