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.
Advertisement
Which of the following statements about public corporation is not true?
- A. it is managed by a board of directors
- B. it is established by an act of parliament
- C. A huge capital is needed for its establishment
- D. it is financed mainly by private individualsCorrect
Explanation
Public corporations are financed by the government, not mainly by private individuals.
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.