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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.
    operates as a public corporation
  • C.
    is a limited liability company
  • D.
    sells its shares to memebers of the public
  • E.
    is administered by the public
Correct Answer: Option D
Explanation