Statutory Corporations vs
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Questions and Answers

Which type of organization is established by a law or statute passed by the government?

  • A global enterprise
  • A statutory corporation (correct)
  • A joint venture
  • A government company

    • What type of organization is owned and operated by the government?

  • A government company (correct)
  • A statutory corporation
  • A joint venture
  • A global enterprise

    • Which type of organization operates in multiple countries around the world?

  • A joint venture
  • A statutory corporation
  • A government company
  • A global enterprise (correct)

    • What is a joint venture?

    <p>Two or more companies or individuals coming together for a specific project or business activity</p> Signup and view all the answers

    What makes a statutory corporation different from other corporations?

    <p>It is established by a law or statute</p> Signup and view all the answers

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