What is a corporation that is owned by either the federal or provincial government?
A) civil corporation
B) government corporation
C) crown corporation
D) open corporation

Question

Quizplus · Accepted Answer

A crown corporation is a company or entity that is owned by the federal or provincial government. These corporations are created to provide important services to the public such as healthcare, education, and transportation. Examples of crown corporations in Canada include the Canadian Broadcasting Corporation (CBC), Canada Post, and the Canadian National Railway (CN). Option A, civil corporation, is not a commonly used term in business and law. Option B, government corporation, can refer to any corporation that is owned or controlled by the government, not just at the federal or provincial level. Option D, open corporation, is not a relevant term in this context.

What Is a Corporation That Is Owned by Either the Federal