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Answer to Question #348071 in Microeconomics for Laiba Nizam

Question #348071

What is the differece between icc and pcc


1
Expert's answer
2022-06-06T08:44:29-0400

The main difference between an ICC and a PCC structu lies in their legal status. An ICC, and each of its incorporated cells, are each separate legal personalities Conversely, in a PCC, the cell company and its cells together represent one legal entity (i.e. cells do not hav separate legal personality).


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