A governmental corporation seeks to make a profit.

Question

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A governmental corporation is a type of corporation that is owned by the government and created to carry out a specific public function. Its primary goal is not to make a profit, but to provide goods or services to the public in a cost-effective manner. While some governmental corporations may generate revenue through fees or charges, any profits are usually reinvested into the corporation or used to benefit the public rather than distributed to shareholders as dividends.

A Governmental Corporation Seeks to Make a Profit