What are the Differences between public limited companies and public corporation (10) marks?

Public limited companies (PLCs) are entities that can sell shares to the public and have limited liability, meaning shareholders are not personally responsible for the company's debts beyond their investment. In contrast, public corporations are typically government-owned entities that operate in the public sector, providing services or goods without the primary aim of profit. PLCs are driven by profit motives and shareholder returns, while public corporations focus on fulfilling public needs and social objectives. Additionally, PLCs are governed by corporate law, whereas public corporations are subject to regulations specific to governmental entities.