A government-owned corporation is also known as a(n)________ corporation.

Question

Quizplus · Accepted Answer

A government-owned corporation is also known as a public corporation, as it is owned and operated by the government for the benefit of the public. Private corporations, on the other hand, are owned and operated by individuals or groups of investors. Equitable, formal, and quasi-corporations are not commonly used terms to describe a government-owned corporation.

A Government-Owned Corporation Is Also Known as A(n)________ Corporation