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Which of the following is a characteristic of private enterprises?

Which of the following is a characteristic of private enterprises?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Business risks are borne by the buyers
  • B Capital is provided by the public
  • C Control and management of the business is in the hands of customer
  • D The business is owned and run by government
  • E The main aim of setting up the business is to maximize profit
Correct Answer: Option E
Explanation:

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