WAEC - Government (2017 - No. 16)
Which of the following statements about public corporation is not true?
It is managed by a board of directors
It is established by an act of parliament
A huge capital is needed for its establishment
It is financed mainly by private individuals
Vysvětlení
- Government Owned and financed.
- Government Controlled and Managed.
- Separate Legal Entity.
- Perpetual Succession.
- Autonomy.
- Service Motive.
- Public Accountability.
- Business Motive.