Вопрос № 237171 - Английский язык

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Private corporations are classified as profit-making, nonprofit, and public service corporations. A profit-making corporation is a private corporation organized to produce a financial profit for its owners. Examples abound: banks, manufacturing and merchandising companies, and airlines. A nonprofit corporation is organized for a social, charitable, or educational purpose. Churches, colleges, fraternal societies are typically organized as nonprofit corporations. Finally, a public service corporation (also called a public utility) is generally a private company that furnishes an essential public service. Electric, gas, and water companies are examples.

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In terms of purpose, a corporation is either public or private. A public corporation is established for a governmental purpose. State hospitals and state universities are public corporations. A private corporation is established by private citizens for a business or charitable purpose. Sometimes a private corporation is called public because its stock is broadly owned by the general public. This differentiates it from a private corporation where the stock is owned by only one or a small number of shareholders. The latter type is also known as a close or closely-held corporation.

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To become a city-manager one should be a resident of the particular city for more than ten years.

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In East Europe a mayor usually represents the majority party.

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After taking their training course the candidates are supposed to pass exams and receive a degree.

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A city-manager is appointed by the city council.