Privatizationis the Process of Turning Government Enterprises into Private Enterprises

question 53

True/False

Privatizationis the process of turning government enterprises into private enterprises in transitional economies.

---

Definitions:

Unconscionable

An action or a contract deemed to be so unfair or unjust towards a party that no reasonable or informed person would agree to it.

Business Law

A branch of law that deals with the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

Intoxicated

A condition of having physical or mental control significantly impaired by drugs or alcohol.

Defamation

A false statement or an action that harms the reputation or character of an individual, business, product, group, government, or nation.