WAEC Commerce 2015 Objective — Question 23

Question 23 of 50 from the West African Examinations Council (WAEC) Commerce 2015 Objective paper, with the correct answer and a full explanation.

Which of the following business units enjoys government subsidies?

A. Private limited Company
B. Limited partnership
C. public limited company
D. public corporationCorrect

Explanation

Public corporation is owned by the government, so the government subsidises it so that it can continue to provide services to the populace to maximise their welfare.

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