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.
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.
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.
Difference between Public Corporation and Civil Service
"Public Corporation" can refer to a corporation that offers shares on the public market, or it can refer to a corporation that is owned by the government. Similarly, "Private Corporation" can refer to any corporation that is not government owned, or a corporation that does not list its shares on public share markets. A "crown corporation" is one that is owned by the government. This term is more widely used in UK, some Commonwealth countries and other monarchies.
Public Corporation - There are there on behalf of people. Public companie -They are there for people to use
There are four main differences between a partnership and a corporation. Those differences are how liability is distributed, how taxes are assessed, the flexibility of running and selling the business, and how it raises capital.
Athlon: Computer Chip developed by AMD( Advanced Micro Devices) Corporation. Intel: Integrated Electronics Corporation.
The difference between a corporation and a commission is in their functions. A corporation if a government entity that serves the public while a commission is an investigative body set up for a particular task.
A parastatals is a government organization. They do what the government tells them. A public corporation is owned by the members of the public, via shareholding.
nothing. corp is an abrevation of corporation
Only the very technical difference that the "municipal corporation" is the legal entity comprising the government, and the municipality is the territory which forms the jurisdiction of the municipal corporation. It is like the difference between "state" (in the sense of "head of state", not a division of the United States) and "country". Very technical.
A corporation such as Microsoft tries to make as much profit as possible where as a non profit Corporation such as a hospital isn't looking to make money