One of your fellow students recently started a business with his two brothers and three cousins. The name of the company is Maluleke Inc. This kind of company is known as _________________. a. state-owned b. public c. private d. pe

The kind of company described, where it is owned by your fellow student, his two brothers, and three cousins, is known as **c. private**. Update (2024-10-23): The correct answer is **c. private**. A company like Maluleke Inc., which is founded by family members (brothers and cousins), would typically be considered a private company. Update (2024-11-07): The correct answer is **c. private**. Maluleke Inc. with family members suggests that it is a privately held company, typically owned by individuals rather than being publicly traded on a stock exchange.