JAMB Economics 2019 Objective — Question 28
Question 28 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2019 Objective paper, with the correct answer and a full explanation.
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Which type of business organization is mostly used for providing public goods such as electricity and roads?
- A. Sole proprietorship
- B. Partnership
- C. Limited liability companies
- D. Public/statutory corporationsCorrect
Explanation
Public corporations (statutory corporations) provide public goods such as electricity, roads, etc.
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