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NNF1024 NNF1024
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2 years ago
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.
Textbook 
Business in Action

Business in Action


Edition: 9th
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moyo966moyo966
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2 years ago
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NNF1024 Author
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2 years ago
Thanks
smdavis
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Yesterday
Good timing, thanks!
Shuqin
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2 hours ago
Thanks for your help!!
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