Question

Private enterprises are accountable to the public through the parliament.

(True/ False)
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Answer 1

Answer:

true

Explanation:

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Answer 2

The statement is False.

• This represents the businesses run by a private group or person. These business units are those that operate with the intention of making a profit.
• The several business structures that fall under these enterprises are -

1. Partnerships,
2. Sole proprietorships,
3. Enterprises

• Since it has no influence over private firms, the government is unable to meddle in its operations.

• Therefore, they are not accountable to the public through the parliament.

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