Login
Remember
Register
EasyElimu Questions and Answers
Questions
Unanswered
Tags
Users
Ask a Question
Ask a Question
Explain five features that differentiate a public company from a public corporation.
0
votes
993
views
asked
Aug 3, 2021
in
Business Studies Form 3
by
anonymous
Explain five features that differentiate a public company from a public corporation.
forms of business units
Please
log in
or
register
to answer this question.
1
Answer
0
votes
answered
Aug 3, 2021
by
anonymous
Public company
Public Corporation
Formed under Companies Act
Formed under an Act of Parliament
Owned by shareholders
Owned by the government
Managed by a board of directors appointed by shareholders
managed by a board of directors appointed by the government
profit are shared by shareholders
Government has a share of the profits
Established to sell whatever goods or services the promoters feel can be sold to bring profit
Basically established to provide a specific essential goods/services at a subsidized cost.
Decision to wind up made by the shareholders
Decision to wind up made by parliament
Accounts audited by private auditors
Accounts audited by the Government auditor
Please
log in
or
register
to add a comment.
Related questions
0
votes
1
answer
Explain five features that differentiate a public corporation from a private limited company form of a business unit
asked
Aug 26, 2021
in
Business Studies Form 2
by
anony mous
forms of business units
public corporation
private limited company
0
votes
1
answer
Outline five differences between a public limited company and a parastatal
asked
Jul 19, 2021
in
Business Studies Form 1
by
anonymous
forms of business units
0
votes
1
answer
Explain five circumstances under which a partnership may be dissolved
asked
Aug 3, 2021
in
Business Studies Form 1
by
anonymous
forms of business units
0
votes
1
answer
documents required to start a company
asked
Sep 8, 2022
in
Business Studies Form 2
by
Iosoti
forms of business units
documents required to start operating a company
0
votes
1
answer
Give four sources of capital for a limited liability company
asked
Aug 10, 2021
in
Business Studies Form 1
by
anonymous
forms of business units
Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.
Categories
All categories
Mathematics
(632)
English
(287)
Kiswahili
(559)
Chemistry
(663)
Physics
(604)
Biology
(659)
Geography
(537)
History
(568)
CRE
(365)
IRE
(53)
Agriculture
(519)
Business Studies
(379)
Business Studies Form 1
(153)
Business Studies Form 2
(104)
Business Studies Form 3
(94)
Business Studies Form 4
(27)
Computer Studies
(20)
Home Science
(60)
General Questions
(432)
6.4k
questions
9.6k
answers
6
comments
590
users
...