Which of the following is true of a Public Corporation it is?
GOVERNMENT
WAEC 2013
Which of the following is true of a Public Corporation it is?
- A. established by a bye-law
- B. owned by the minister of finance
- C. set up to make profit for share holders
- D. set up to provide essential services
Correct Answer: D. set up to provide essential services
Explanation
Public corporation means an entity that is created by the state to carry out public missions and services by providing essential services that is not profit oriented.
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