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JAMB Commerce 2014 Objective — Question 23

Question 23 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2014 Objective paper, with the correct answer and a full explanation.

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The major aim of establishing a public corporation is to

  • A. establish a monopoly
  • B. provide essential servicesCorrect
  • C. provide employment opportunities
  • D. encourage specialization

Explanation

The main purpose for establishing public corporation is to provide essential service to the public at a relatively cheap amount.

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