WAEC Commerce 2016 Objective — Question 25
Question 25 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.
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25. The water co-operation is an example of A. cooperative society B. public enterprise C. Private Enterprise D. Limited Company
- A. cooperative society
- B. public enterpriseCorrect
- C. Private Enterprise
- D. Limited Company
Explanation
Public enterprises are organisations established by government with the aim of maximising social welfare. Example of such in Nigeria is water Corporation.
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