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One of these is NOT a purpose for the establishment of public corporation

Government
NECO 2003

One of these is NOT a purpose for the establishment of public corporation

  • A. capital involvement
  • B. compete with private enterprise
  • C. economic growth for the country
  • D. reduce cost
  • E. security reasons
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Correct Answer: Option B
Explanation

One of the main reasons for the establishment of public corporations is to provide essential services to the public at a lower price. They are not established to compete with private enterprises.

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