1. A business whose stock is traded on at least one national securities exchange is called:
(a) limited liability company;
(b) closely held corporation;
(c) publicly held corporation;
(d) multinational corporation.
2. The type of business that is organized and operated like a corporation but is taxed like a partnership is a:
(a) Subchapter C corporation;
(b) Subchapter S corporation;
(c) a cooperative;
(d) a joint venture.