WAEC Economics 2013 Objective — Question 19
Question 19 of 50 from the West African Examinations Council (WAEC) Economics 2013 Objective paper, with the correct answer and a full explanation.
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A major disadvantage of partnership form of business is that
- A. every partner has to be consulted during decision makingCorrect
- B. partners could be too friendly with their customers
- C. affairs can be kept private
- D. partners could take long holidays
Explanation
In a partnership, decision making is not as fast or easy as in a sole proprietorship, since partners must be consulted before a decision is made.
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