Define public corporation?

Over 1M Answers AvailableCategory: BusinessDefine public corporation?
Angelmimi asked 11 months ago
1 Answers
Angelmimi answered 11 months ago

Definition of Public corporation
A Public Corporation can be defined as an organization, set up by an Act of Parliament and its sole purpose is to provide services to the public at an affordable price. Services provided by a typical Public Corporation includes, but is not limited to, water, electricity, postal and telecommunication, and public broadcasting.