Which of the following examples describes a publicly held corporation? (1 point)
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.
A small restaurant chain, founded and operated by a single family, is owned by
shareholders who purchase their shares on the stock exchange.
A local jewelry store is owned by its founders who hold but do not sell shares
in the company.
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.