With Privatization,all of These May Occur,except

question 99

Multiple Choice

With privatization,all of these may occur,except

• A) assets are transferred from the public sector to the private sector.
• B) government control of business management may be increased.
• C) state activities are moved into private management through contracts.
• D) business loses its right to hire new employees.

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Definitions:

Long-Term Liabilities

Financial obligations of a business that are due more than one year in the future, such as bonds payable, long-term loans, and lease obligations.