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A major disadvantage of partnership business is

Economics
JAMB 2013

A major disadvantage of partnership business is

  • A. difficulty in the transfer of shares
  • B. distrust among members
  • C. limited liability
  • D. large capital outlay
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Correct Answer: Option B
Explanation

Distrust among partners often stems from poor communication, leading to suspicion when none is warranted. This often lead to serious disagreement that may eventually end the partnership.

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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts