WAEC Commerce 2013 Objective — Question 30
Question 30 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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Public enterprises are financed mainly by
- A. the shareholders
- B. commercial banks
- C. government grantsCorrect
- D. mortgage banks
Explanation
Public enterprises are government owned corporations, such, it is financed by government.
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