WAEC Commerce 2005 Question 10

Question 10

Business Units

Partnership form of business is most appropriate

  1. A.where professionals are needed
  2. B.for non-profit making ventures
  3. C.where very large capital is required
  4. D.where the liability of members is limited.
Show the answer and explanation

Answer: A (where professionals are needed)

Explanation

Professionals such as lawyers, doctors and accountants usually work in partnerships.