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There agendas are set by Congress

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Hunter Quitzon

Lvl 13
3y ago

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What is the difference between government corporations and any other corporation?

The government corporation are controlled by government while other or non-governmental corporation are controlled by members or share holders. Another difference between government corporations and private corporations is in the running of things. Private corporations have a number of decision makers who are considered to be stakeholders. Government corporations on the other hand are public companies that are run by civil servants on behalf of the public. Government corporations are unlike private businesses in that they may make a profit only to defer their costs. Most government corporations provide public services that may be too risky or expensive for a private business to undertake.


Which type of corporation is the standard normal type of corporation?

The type of corporation which is the standard normal type of corporation is the general corporation. Other types of corporations include closed corporations, limited liability corporations and S corporations.


How do government corporations differ from other corporations in the US A. They do not compete with other businesses. B. Their profits are taxed more heavily. C. They operate outside the influence of?

Government corporations differ from other corporations in the U.S. primarily in that they are created by the government to provide specific services or functions, often without the profit motive that drives private corporations. Unlike private businesses, government corporations typically do not compete directly with other businesses, as they may serve public interests or fill gaps in the market. Additionally, their profits may not be taxed in the same way as private corporations, reflecting their unique status.


Are government corporation considered business why?

The government corporations are considered to bring benefits for all people in the country not in the term of profit or loss account, or it is the activities that private corporations don't want to deal with. In the other words government corporation expend from tax but business unit from liability.


Are government corporations considered business?

The government corporations are considered to bring benefits for all people in the country not in the term of profit or loss account, or it is the activities that private corporations don't want to deal with. In the other words government corporation expend from tax but business unit from liability.


Why are government corporations not considered businesses?

The government corporations are considered to bring benefits for all people in the country not in the term of profit or loss account, or it is the activities that private corporations don't want to deal with. In the other words government corporation expend from tax but business unit from liability.


What are multnational corporation?

Corporations that have branches in other countries around the world


Tax Software Specifically for S Corporations?

An S Corporation is a legal business structure that individuals can form in the United States. S Corporations have specific tax laws that differ from other business structures. S Corporation tax software can help the members of an S Corporation prepare their tax returns according to the rules of the IRS. Many popular tax software companies offer S Corporation tax software, along with guides on how to use the software and resources that S Corporations can use to understand applicable tax laws.


What is similar between government corporations and other us corporations?

Government corporations and other U.S. corporations both operate within a business framework and aim to provide goods or services to meet specific needs. They can generate revenue and are accountable for their financial performance, often competing in similar markets. However, government corporations typically serve public interests and may receive government funding or support, while private corporations primarily focus on profit maximization for shareholders. Both types of entities can influence the economy and job market but differ in their primary objectives and governance structures.


One of the ways a corporation can raise money is by?

Buying bonds from other corporations


Have corporations made our lives better in any way?

First, this question is in need of a definition. What is a corporation? I have an S-corporation for the farm, many of LLC/LLP corporations which is a variation, but the corporation you are referring to is the C-corporation. A corporation truly is just a business built legally to run indefinitely...a created person who never dies, which is run by people just as which any other business, government entity, church, etc. Corporations are making our lives better in much the same way as these. You could replace "corporations with "people" because this would be just as true. Without corporations, people wouldn't take the risks, financially be capable of funding these risks, or provide any of the goods you and I see today. Compare other countries with other structures/models. The corporate structure is a new thing, they are a necessity.


How are government corporations similar to other corporations in the US?

They are run by boards of directors.