A firm is said to be a public Joint Stock Company when it?

A firm is said to be a public Joint Stock Company when it?
  • A.
    is owned by the government
  • B.
    is operated as a public corporation
  • C.
    is operated in a non-democratic fashion
  • D.
    sells shares to members of the public and publishes its account
  • E.
    is a limited liability company
Correct Answer: Option D
Explanation
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