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WAEC Commerce 2016 Question 25

Question 25

Government and Business

The Water Corporation is an example of

  1. A.Co-operative Society.
  2. B.Public Enterprise.
  3. C.Private Enterprise.
  4. D.Limited Company.
Show the answer and explanation

Answer: B (Public Enterprise.)

Explanation

A water corporation is owned and run by government, so it is a public enterprise.