WAEC Government 2017 Objective — Question 35
Question 35 of 50 from the West African Examinations Council (WAEC) Government 2017 Objective paper, with the correct answer and a full explanation.
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35. Which of the following statements about public corporation is not true?
- A. A. it is managed by a board of directors
- B. B. it is established by an act of parliament
- C. C. A huge capital is needed for its establishment
- D. D. it is financed mainly by private individualsCorrect
Explanation
Public corporations are financed by the government, not mainly by private individuals.
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