Concept:A public joint stock company is a business whose capital is raised by selling shares openly to the public.
Explanation:In a public joint stock company, ownership is divided into transferable shares.
These shares are offered for sale to the general public through a stock exchange.
This allows many investors to become part-owners of the firm.
The government owning the firm describes a state-owned enterprise, not this type of company.
A government corporation is also a different form of public ownership.
Since the key feature is public shareholding, option B is correct.
Answer:B. sells its shares to members of the public