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A private corporation continues in existence until its own owners--that is, its shareholders, who are private citizens--decide to terminate the corporation.

A government corporation continues in existence until Congress decides to kill it off by repealing the legislation that created it.

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Stanley Brakus

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Q: What are the differences between a government corporation and a private Corporation?
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What are the major differences between government corporation and a private corporation?

A private corporation continues in existence until its own owners--that is, its shareholders, who are private citizens--decide to terminate the corporation. A government corporation continues in existence until Congress decides to kill it off by repealing the legislation that created it.


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