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JAMB Commerce 1997 Question 6

Question 6

Business Units

Partnerships are most suitable where

  1. A.the partners are family friends
  2. B.professionals are involved
  3. C.members can easily raise enough capital
  4. D.government regulations are favourable.
Show the answer and explanation

Answer: B (professionals are involved)

Explanation

Professionals such as lawyers, doctors and accountants commonly work as partnerships, sharing skills and clients.