Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 2 Business Studies: Forms of business units lessons

Circumstances under which a public corporation may be dissolved

 (2m 56s)
4917 Views     SHARE

Download as pdf file

Answer Text:
Dissolution of public corporations
They can only be dissolved by the government due to:
1. Persistent loss making
2. Bankruptcy- where the corporation cannot pay its debts
3. Change in the act of parliament that formed the corporation
4. Privatization
5. Mismanagement, resulting in poor management of the corporation


|