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Tuesday, 27 October 2026
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From which of the following sources can partnership increase their capital?

From which of the following sources can partnership increase their capital?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Sales of shares
  • B Admission of new partners
  • C Discharge of mortgage
  • D Grants from relatives
Correct Answer: Option B
Explanation:
A partnership can increase its capital by admitting new partners who contribute additional capital to the business. The new partner's contribution becomes part of the funds available to the partnership.

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