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I. Listed below are various classifications of corporations. Following the list is a series of descriptive statements a. public corporations b. open corporations c. domestic
I. Listed below are various classifications of corporations. Following the list is a series of descriptive statements a. public corporations b. open corporations c. domestic corporations d. nonstock companies e. stock companies f foreign corporations g closed corporations 1. Companies that do not issue stock or operate for profit. As viewed by a state, companies operating within that state that are incorporated in another state. 2. 3. Companies that do not allow the sale of their stock to the general public. 4. Companies owned or operated by governmental units 5. Companics that issue stock and operate for profit. 6. As viewed by that state, companies that are incorporated in the state 7. Companies whose stock is available for purchase by the public Required: Match the corporate classifications to the descriptive statements that best describe them
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