In a public corporation , the risks of business are borne by the

Assessment: WAEC SSCE - Economics - 2001 (Objective) Subject: Economics

Question 1 Report

In a public corporation , the risks of business are borne by the
Answer Details
In a public corporation, the risks of business are borne by the **taxpayers**. This is because public corporations are owned and funded by the government using taxpayers' money. Any losses incurred by the corporation are ultimately the responsibility of the government and by extension, the taxpayers.
Read lesson note on Factors Of Production And Their Theories (JAMB)
Read lesson note on Factors Of Production (WAEC)
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