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WAEC Government 2013 Objective — Question 40

Question 40 of 50 from the West African Examinations Council (WAEC) Government 2013 Objective paper, with the correct answer and a full explanation.

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Which of the following is true of a Public Corporation? It is

  • A. established by a bye-law
  • B. owned by the minister of finance
  • C. set up to provide essential servicesCorrect
  • D. established purely for profit

Explanation

Public corporations are established to provide essential services for the citizens at a cheap price, not purely for profit.

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