Question

describe how a public corporation is controlled
a commerce question

Answer 1

Public Corporation is an entity that has been established by an Act of Parliament with the sole aim of providing services to the public at a reasonably priced rate. Some of these services include, but is not limited to, water, electricity, postal and telecommunication, public broadcast.


CONTROL

Parliamentary Control

Public Corporations are established by Acts of Parliament and therefore the corporations so established cannot step outside the parent act that establishes them. In other words they cannot do things that the law prohibits them from doing. That serves as a limiting factor for the corporations.