Public corporations and parastatals are typically establishe…

JAMB Government 2023 45 views

Public corporations and parastatals are typically established by

  1. private individuals
  2. International organizations
  3. legislative acts and statutes ✓
  4. trade unions

Explanation

Public corporations are created by laws passed by the legislature. Acts of parliament or assembly establish these organizations.

Private individuals, international bodies, and unions don’t have power to create government corporations. Only the legislature can.

These laws define each corporation’s purpose, powers, and how it operates.

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