Question

Which of the following is a true statement?

		Tax waivers are a private sector asset
		Public and private sector firms often struggle to reconcile value systems
		Private-public partnerships have been eliminated
		Courts have always determined that public projects are unconstitutional

Answer 1

Q) Which of the following is a true statement?

Answer- (C) Private-public partnerships have been eliminated.

Note- A public–private partnership (PPP, 3P, or P3) is a cooperative arrangement between two or more public and private sectors, typically of a long-term nature. In economic theory, public–private partnerships have been studied through the lens of contract theory. The government and private players work together for social welfare, eliminating the prime focus of private players on profit.