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Government financial grants is a source of capital to a

Commerce
WAEC 2010

Government financial grants is a source of capital to a

  • A. partnership
  • B. public limited company
  • C. public corporation
  • D. co-operative society
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Correct Answer: Option C
Explanation

A public corporation is that form of public enterprise which is created as an autonomous unit, by a special Act of the Parliament or the State Legislature. They are created by the state to carry out public missions and services and funded by government and tax payer monies

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Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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