Top Posters
Since Sunday
21
A
8
7
w
6
R
5
A
5
t
5
m
5
t
5
h
5
S
5
o
4
New Topic  
NNF1024 NNF1024
wrote...
Posts: 21
Rep: 0 0
A month 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


Edition: 9th
Authors:
Read 11 times
1 Reply
Replies
Answer verified by a subject expert
moyo966moyo966
wrote...
Posts: 25
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More questions for this book are available here
Private corporations are owned by a few people, whereas public corporations can be owned by anyone who has the means to buy stake.

The stock of a private corporation is owned by only a few individuals or companies, whereas the stock of a public corporation is sold to anyone who has the means to buy it.

1

Related Topics

wrote...
Posts: 21
Credits: 5

A month ago
Thanks
wrote...
Posts: 80
Credits: 40

Yesterday
Helped a lot
wrote...
Posts: 174
Credits: 125

2 hours ago
Correct Slight Smile TY
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  108 People Browsing
 219 Signed Up Today
Related Images
 200
 98
 18
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 286