Correct Answer: C. is legal entity

Correct Answer: B. Credit transfer

Correct Answer: D. manufacturing , extraction and construction

Correct Answer: D. dumping

Explanation

a -Unlimited liability: the partners are liable to the debts of the business to no limit.

- Difficulty in management: decision-taking is going to be long and slow as every partner would want their voice to be heard, thus, creating disagreement.

- Inability to raise sufficient capital: partners cannot invite the public to raise capital, and because of its unlimited liability, members fear to invest in partnership.

- Risk of dissolution: the partnership stands dissolved at the death, bankruptcy ot insanity of a member.

- Action of one partner on others: there is the danger that one reckless partner can ruin others.

b - Large amount of capital is necessary for the business as a limited company.

- The success of the business requires the skill or knowledge of experienced members of the partnership/joint decision, for example, solicitors, doctors etc.

- The ownership and control should not be extended outside a family or friends.

- Partnership is suitable for executing short term value.

- Shared resources the partnership would provide access to shared resources, including capital, expertise, network, and assets.

Correct Answer: D. Memorandum of Association

Correct Answer: A. trading

Correct Answer: D. sales promotion

Correct Answer: D. Selling to consumers

Correct Answer: C) Creation of goods

Explanation

Option A: Advertising goods. Advertising is an important function of commerce because it helps to promote and create awareness about products and services. It plays a crucial role in attracting customers and increasing sales.

Option B: Increasing profit made. Increasing profit is one of the main objectives of commerce. Businesses engage in various strategies and activities to maximize their profits, such as cost management, pricing strategies, and market expansion.

Option C: Creation of goods (Correct). This option is the correct answer. The creation of goods is not a function of commerce. The creation of goods falls under the domain of production, which is a separate field from commerce. Commerce focuses on the exchange and distribution of goods, rather than their creation.

Option D: Distribution of goods. The distribution of goods is a key function of commerce. It involves activities such as transportation, warehousing, and logistics to ensure that goods are delivered to the right place at the right time.

In summary, the correct answer is Option C: Creation of goods. This is because the creation of goods is not a function of commerce, but rather a function of production. Commerce primarily deals with the buying, selling, and distribution of goods and services.