JAMB Economics 2020 Objective — Question 42
Question 42 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2020 Objective paper, with the correct answer and a full explanation.
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A major disadvantage of partnership business is
- A. difficulty in the transfer of shares
- B. distrust among membersCorrect
- C. limited liability
- D. large capital outlay
Explanation
Distrust among partners is a commonly cited disadvantage of running a partnership business.
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