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.

Question

Quizplus · Accepted Answer

A)The stock of a private corporation is owned by only a few individuals or companies, whereas the stock of a public corporation is sold to anyone who has the means to buy it.
B)The stock of a private corporation is owned by only a few individuals or companies, whereas the stock of a public corporation is sold to anyone who has the means to buy it.
C)The stock of a private corporation is owned by only a few individuals or companies, whereas the stock of a public corporation is sold to anyone who has the means to buy it.
D)The stock of a private corporation is owned by only a few individuals or companies, whereas the stock of a public corporation is sold to anyone who has the means to buy it.
E)The stock of a private corporation is owned by only a few individuals or companies, whereas the stock of a public corporation is sold to anyone who has the means to buy it.

Which of the Following Is a Key Difference Between Private