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WAEC Commerce 2016 Objective — Question 26

Question 26 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

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26. A partnership is dissolved use to A. liquidity of the firm B. death of employee C. insanity of partner D. resignation of an employee

  • A. liquidity of the firm
  • B. death of employeeCorrect
  • C. insanity of partner D. resignation of an employee
  • D. -

Explanation

Any business that gets weak in terms of financial security tends to fold up dissolved (per official key, B).

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