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O-LevelCommerceBusiness enterprise7100/12 · May/June 2023 · Q321 Mark

What is a characteristic of a public corporation?

AIt has limited liability for its shareholders.
BIt is a business controlled by the government.
CIt operates in the private sector.
DIt raises money by selling shares on a stock exchange.

✓ Correct answer

B: It is a business controlled by the government.

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About this question

Topic
Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2023 Paper 1 Variant 2, question 32.

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