Which of the following examples describes a publicly held corporation?(1 point)
Responses
a A nation-wide fast-food chain is owned and operated by the same family that founded it. Nobody holds stock in the fast-food chain.
b A small restaurant chain, founded and operated by a single family, is owned by shareholders who purchase their shares on the stock exchange.
c A local jewelry store is owned by its founders who hold but do not sell shares in the company.
d A local gaming cafe is owned and operated by the same group of friends that founded it years ago. Nobody holds stock in the gaming cafe.