BBA Rocks

What is the difference between public companies and public sector?

Public companies are those businesses owned by individuals (and not by a government). If a public company is a corporation whose stock is traded on a stock exchange it is said that the stock is publicly traded or that the company is a publicly-traded corporation.

Public sector refers to government-owned organizations and government-provided services.

http://webcache.googleusercontent.com/search?q=cache:cOYafyXkk48J:www.ahmedandqazi.com/actsandregulations/commercialLaws/partnershipAct1932.pdf+Partnership+act&hl=en&gl=pk

Partnership Act, 1932. THE PARTNERSHIP ACT, 1932 (ACT IX OF 1932) (Passed by the Indian Legislature)