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About Adsum Notes Public Corp FINAL (Part1to4)
1. Public corporations are created by the state for purposes of local government administration or providing public services. They have dual nature and functions - as agents of the state and as corporate entities representing local inhabitants. 2. As agents of the state, public corporations exercise sovereign powers delegated by the state like enacting ordinances. As corporate entities, they act like private corporations in administering local affairs. 3. It is important to determine the dual functions of local government units (LGUs) in cases involving their liability, as LGUs may be exempt from liability when performing governmental functions as state agents but not proprietary functions.
Detailed Information
| Author: | ['Raz SP'] |
|---|---|
| Publication Year: | 2011 |
| Pages: | 39 |
| Language: | English |
| Format: | |
| Price: | FREE |
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