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Unformatted text preview: Government Corporations Some federal agencies resemble corporations in that they function in a businesslike manner and charge clients for their services. Government corporations differ in some important ways from private corporations. For example, government corporations do not have stockholders and do not pay dividends if they make a profit; instead, the government corporation retains all profits. Examples: The Federal Deposit Insurance Corporation, which guarantees deposits up to $250,000, and the Post Office are government corporations. Presidential Commissions Presidents regularly appoint presidential commissions to investigate problems and make recommendations. Although most of these commissions are temporary—such as President George W. Bush’s Commission to Strengthen Social Security or the September 11th Commission—some are permanent, such as the Commission on Civil Rights. Presidents are not bound to follow the recommendations of commissions, even though they often do....
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This note was uploaded on 01/31/2012 for the course POS POS2112 taught by Professor Leslietaylor during the Winter '09 term at Broward College.
- Winter '09