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WAEC Commerce 2010 Paper
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© africaexams.com
Question : 34
Total: 50
Which of the following is not an advantage of partnership?
Diversified managerial talents
Greater financial resources
Freedom to terminate business
Account is not made public
Validate
Solution:
Advantages
of a
partnership
include that:
two heads (or more) are better than one.
your business is easy to establish and start-up costs are low.
more capital is available for the business.
you'll have greater borrowing capacity.
high-calibre employees can be made partners.
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