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WAEC Commerce 1998 Question 51

Question 51

Government and Business

Which of the following brings a public corporation into existence?

  1. A.Certificate of Incorporation
  2. B.Certificate of trading
  3. C.Acts of Parliament
  4. D.Registration
  5. E.Prospectus
Show the answer and explanation

Answer: C (Acts of Parliament)

Explanation

A public corporation is created by an Act of Parliament (or decree).