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Q: What term does not refer to portions of ownership Ina corporation?
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The term professional corporation refers to a corporation that is formed for the purpose of operating a profession that requires a license to practice. These include physicians, attorneys, and dentists.


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"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.


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