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Which of the following relates to the essence of partnership? To

Which of the following relates to the essence of partnership? To
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Run a charity organization
  • B Pursue a social objective
  • C Form a business for profit
  • D Run a religious objective
Correct Answer: Option C
Explanation:
The purpose of partnership agreement (or partnership contract) is to establish a business enterprise through a legally binding contract between two or more individuals or other legal entities for profitability.

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