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Title: Which of the following is a key difference between private corporations and public corporations?
Post by: NNF1024 on Apr 25, 2022
Which of the following is a key difference between private corporations and public corporations?

▸ Private corporations are legally a group of people, whereas public corporations are distinct from any individual persons.

▸ Private corporations cannot own property, whereas public corporations can own property.

▸ Public corporations cannot own property, whereas private corporations can own property.

▸ Private corporations do not have the power to run a business of its own, whereas public corporations can run a business of its own.

▸ Private corporations are owned by a few people, whereas public corporations can be owned by anyone who has the means to buy stake.


Title: Which of the following is a key difference between private corporations and public corporations?
Post by: moyo966 on Apr 25, 2022
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