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Which of the following statements about public ... - WAEC Government 2017 Question

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
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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