Question

Define public corporation.​

Answer 1

Answer:

Public Corporation is a hybrid organism having features of both government departments as well as of a business company and is created through the statute of legislature. It runs the service on behalf of the government but as an independent legal entity with funds of its own and largely autonomous in management.

Explanation:

Sayed Muhammad Ayaan

Answer 2

a corporation, owned and operated by a government, established for the administration of certain public programs. ... a large private corporation with many shares, which are sold to the public or traded on a stock exchange