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The Government of Calgoris, a Country in Eastern Europe, Has

Question 30

Multiple Choice

The government of Calgoris, a country in Eastern Europe, has created a legal organization to carry out business activities on behalf of the government with the sole aim to make profits. Given this information, it can be said that the legal organization is a _____.


A) limited liability company
B) state-owned enterprise
C) private corporation
D) sole proprietorship company

Correct Answer:

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