WAEC Commerce 2017 Objective — Question 49
Question 49 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.
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49. Which of the following business relies on government subvention for its operation?
- A. A. public corporationCorrect
- B. B. Public Limited Company
- C. C. Co-operative Society
- D. D. Private Limited Company
Explanation
The public corporation is a fully government owned business. It relies on the government for its finances.
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