Public corporations and parastatals are typically established by
GOVERNMENT
JAMB 2023
Public corporations and parastatals are typically established by
- A. private individuals
- B. legislative acts and statutes
- C. trade unions
- D. International organizations
Correct Answer: B. legislative acts and statutes
Explanation
Public corporations and parastatals are typically established by legislative acts and statutes. These are government-owned entities created to undertake commercial activities on behalf of the government.
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