What type of corporation is created by the U.S. government, like the U.S. Postal Service?

A public corporation is created by an act of the government and is established to provide services to the public, such as the U.S. Postal Service. These corporations are often funded by the government and are accountable to the public, as they handle services that benefit society at large. Public corporations may operate in a manner similar to private enterprises but typically have a specific mission or purpose defined by legislation.

In contrast, an alien corporation refers to a company that is incorporated in one country but conducts business in another, while a domestic corporation is one that operates within the boundaries of the state where it was incorporated. A private corporation, on the other hand, is owned by individuals or a group of individuals and does not operate for the public benefit or have the same obligations to transparency and service as public corporations do. Therefore, the defining characteristics of a public corporation align with the creation of entities like the U.S. Postal Service, which serve the public interest.