I. Its unlimited nature
II. The number of partners
III. The withdrawal of a major of partner
IV. The bearing of risk
Which of these is both merit and demerit in partnership?
II. The number of partners
III. The withdrawal of a major of partner
IV. The bearing of risk
Which of these is both merit and demerit in partnership?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option C
Explanation:
Partnership are formed by an association of two to twenty persons. The number of partners involved serves as both merit and demerit to partnership business.
Partnership are formed by an association of two to twenty persons. The number of partners involved serves as both merit and demerit to partnership business.