JAMB Commerce 2021 Objective — Question 23

Question 23 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2021 Objective paper, with the correct answer and a full explanation.

23. The process of selling a public enterprise to shareholders is known as a. Conversion b. Commercialisation c. Handling over d. Privatisation

A. Conversion
B. Commercialisation
C. Handling over
D. PrivatisationCorrect

Explanation

Privatisation is the process of selling a public enterprise to private owners/shareholders.

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