a. of the way their boards of directors are chosen
b. both are started by selling common stock to investors
c. both are required by the securities and exchange commission to be profitable each fiscal year
d. just like a private corporation, a government corporation often has a product or service to sell to the public
is b correct? thanks
2007-10-11 19:57:34 · 3 answers · asked by matt r 1 in Politics & Government ➔ Other - Politics & Government
Government corporations are similar to private corporations because:
d. it has a product or service to sell to the public.
2007-10-11 20:09:54 · answer #1 · answered by FRAGINAL, JTM 7 · 0⤊ 0⤋
C is correct. If they are not profitable, they are required to borrow money to make up the difference.
2007-10-12 03:06:59 · answer #2 · answered by Sordenhiemer 7 · 0⤊ 0⤋
Apart from above they are always fighting!
2007-10-12 03:29:28 · answer #3 · answered by Hari O 4 · 0⤊ 0⤋