JAMB Commerce 2000 Question 5

Question 5

Business Units

Which of these is both merit and demerit in partnership?

  1. A.The number of partners
  2. B.Its unlimited nature
  3. C.The bearing of risk
  4. D.The withdrawal of a major partner.
Show the answer and explanation

Answer: A (The number of partners)

Explanation

More partners bring more capital and skills, but the number is limited by law and more partners can mean more disagreement.