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  4. WAEC 2017
  5. which of the followi...

which of the following bussinesses relies on government subvention for its operation?

Commerce
WAEC 2017

which of the following bussinesses relies on government subvention for its operation?

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

A state-owned or public enterprise is a business enterprise where the government or state has significant control through full, majority, or significant minority ownership

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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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