Free account: track your progress — Sign up free

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.

Advertisement

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.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.