Question on: WAEC Government - 2017
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 individuals
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Correct Option: D
- Government Owned and financed.
- Government Controlled and Managed.
- Separate Legal Entity.
- Perpetual Succession.
- Autonomy.
- Service Motive.
- Public Accountability.
- Business Motive.
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