Free account: track your progress — Sign up free

WAEC Economics 2017 Objective — Question 23

Question 23 of 50 from the West African Examinations Council (WAEC) Economics 2017 Objective paper, with the correct answer and a full explanation.

Advertisement

If a state-owned firm is sold through the stock market, the organisation becomes a

  • A. A. partnership
  • B. B. private company
  • C. C. public limited companyCorrect
  • D. D. public corporation

Explanation

When a state-owned enterprise is sold through the stock market, it becomes a public limited company.

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.