Question: What is the difference between a public and private corporation? The shares of a corporation are traded on an exchange ( or over the counter

What is the difference between a public and private corporation?
The shares of a corporation are traded on an exchange (or "over the counter" in an electronic trading system), while the shares of a from the drop-down menus.) corporation are not traded on a public exchange.
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 What is the difference between a public and private corporation? The

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