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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