Question on: JAMB Government - 2024
Public corporations can be controlled by
A
Board of Directors
B
Judicial control
C
Ownership control
D
Management control
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Correct Option: B
Public corporations are typically controlled by a Board of Directors.
- Board of Directors: This is the body responsible for overseeing the operations and making major decisions for the corporation. They are appointed to represent the interests of the owners (which, in the case of public corporations, can be the government or the public).
- Judicial Control: While the judiciary may review actions of public corporations, it doesn't directly control them.
- Ownership Control: This refers to the entity that owns the corporation, but direct operational control is usually delegated to the board.
- Management Control: Management is responsible for the day-to-day operations, but the Board of Directors sets the strategic direction and oversees management's actions.
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