Back to Course

SS2: GOVERNMENT - 1ST TERM

0% Complete
0/0 Steps
  1. Electoral Process | Week 1
    5 Topics
    |
    1 Quiz
  2. Types of Electoral Process | Week 2
    5 Topics
    |
    1 Quiz
  3. Electoral Process Continues - Proportional, Representation, Repeated Ballot, Direct and Indirect Elections | Week 3
    5 Topics
    |
    1 Quiz
  4. Ballot Systems | Types of Voting | Week 4
    3 Topics
    |
    1 Quiz
  5. Organization of Election | Week 5
    4 Topics
    |
    1 Quiz
  6. Electoral Commission and Electoral Officers | Week 6
    4 Topics
    |
    1 Quiz
  7. Public Opinion and Mass Media | Week 7
    6 Topics
    |
    1 Quiz
  8. Civil Service | Week 8
    6 Topics
  9. Personnel Administration in the Civil Service | Week 9
    5 Topics
    |
    1 Quiz
  10. Public Corporation | Week 10
    9 Topics
  11. Commercialization, Privatization and Deregulation of Public Corporations | Week 11
    4 Topics
    |
    1 Quiz



  • Do you like this content?

  • Follow us

Lesson 10, Topic 3
In Progress

Characteristics of Public Corporations

Lesson Progress
0% Complete

(i) Public Corporations are created by Acts of Parliament of the Federal or State government. These acts specifically spell out the powers, functions, and limitations of such corporations.

(ii) They are owned by Federal or State governments.

(iii) Public Corporations are financially independent, though they are set up with public funds, they generate their own funds.

(iv) Public Corporations are legal entities. They have rights and obligations, have the capacity to enter into agreements, Incurr debts, sue and be sued, and be held responsible for their actions.

(v) Public Corporations are usually administered by a Board of Directors usually appointed by the Ministers.

Responses

Your email address will not be published.

back-to-top
error: