Free account: track your progress — Sign up free

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.

Advertisement

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.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.