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Explain five features that differentiate a public corporation from a private limited company form of a business unit

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Public corporation Private limited 
Initial capital is usually provided by the government Initial capital comes from the share holders 
Established through legislation by an act of parliamentEstablished by promoters according to company’s act
Managed by a board of directors appointed by parliamentManaged by one or two directors elected by shareholders
Profits are issued to dividends and the government to the membersProfits are distributed to share holders in dividends
Not- profit motivatedEstablished to earn profits
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