Multiple Choice
Which of the following is a key difference between private corporations and public corporations?
A) Private corporations are legally a group of people, whereas public corporations are distinct from any individual persons.
B) Private corporations cannot own property, whereas public corporations can own property.
C) Public corporations cannot own property, whereas private corporations can own property.
D) Private corporations do not have the power to run business of its own, whereas public corporations can run a business of its own.
E) Private corporations are owned by a few people, whereas public corporations can be owned by anyone who has the means to buy stake.
Correct Answer:

Verified
Correct Answer:
Verified
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