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  5. Which of the followi...

Which of the following statements about public corporation is not true?

Government
WAEC 2017

Which of the following statements about public corporation is not true?

  • A. It is managed by a board of directors
  • B. It is established by an act of parliament
  • C. A huge capital is needed for its establishment
  • D. It is financed mainly by private individuals
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Correct Answer: Option D
Explanation
  • Government Owned and financed. 
  • Government Controlled and Managed.
  • Separate Legal Entity. 
  • Perpetual Succession.
  • Autonomy.
  • Service Motive. 
  • Public Accountability.
  • Business Motive.
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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
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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