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WAEC Commerce 1991 (August) Question 14

Question 14

Government and Business

The Nigerian Television Authority is an example of a

  1. A.private limited liability company
  2. B.public limited liability company
  3. C.multinational corporation
  4. D.co-operative society
  5. E.public corporation
Show the answer and explanation

Answer: E (public corporation)

Explanation

NTA was set up by law and is owned by the federal government, so it is a public corporation.