Q835
Stock in small companies, owned by few people but not actively traded is classified as
A.
closely held stock
AnswerB.
largely held stock
C.
attributed stock
D.
successful stock
Answer: Option A
Solution
Answer: Option A
Solution:
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.