WAEC Economics 2013 Question 19

Question 19

Business Organisations

A major disadvantage of partnership form of business is that

  1. A.every partner has to be consulted during decision-making.
  2. B.partners could be too friendly with their customers.
  3. C.affairs can be kept private.
  4. D.partners could take long holidays.
Show the answer and explanation

Answer: A (every partner has to be consulted during decision-making.)

Explanation

Consulting all partners slows down decisions and can cause disagreement.