Which statement is true regarding public corporations?

Public corporations are characterized by having stock available for public investors, making them distinct from private corporations. This means that shares of these companies can be bought and sold by the general public on stock exchanges. The funding of public corporations primarily comes from the sale of shares to investors and not from private donations, which is a typical aspect of non-profit organizations or foundations. Furthermore, while public corporations may pursue profit, they are distinct in their legal structure and governance compared to other types of entities such as government-run entities. The operations of public corporations focus on generating returns for shareholders, which is fundamental to their purpose and financial model. Lastly, while public corporations may have regulatory oversight, they are typically managed by a board of directors and executives rather than solely by government officials, which is more characteristic of governmental organizations.