What type of business is recognized by a state and given certain rights?

O

A. A lobby group

O

B. A union

O

C. A government agency

O

D. A corporation

The correct answer is letter D

Explanation: Corporations are listed companies that have widespread control. In other words, there is no figure of the controlling shareholder or block of control in these companies. Therefore, companies called corporations have a Free Float above the market average, generally above 50%.