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Government financial grants is a source of capital to a

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Commerce WAEC 2010

Government financial grants is a source of capital to a

  • partnership
  • public limited company
  • public corporation checkmark
  • co-operative society

The correct answer is: C

Explanation

A public corporation is that form of public enterprise which is created as an autonomous unit, by a special Act of the Parliament or the State Legislature. They are created by the state to carry out public missions and services and funded by government and tax payer monies

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