Which of the following indicate that a partnership business is in place? (i) There is...
FINANCIAL
JAMB 1998
Which of the following indicate that a partnership business is in place?
(i) There is a business
(ii)It is run commonly by partners
(iii)It has profit-making in view
(iv) Partners' liability is limited
- A. i and ii only
- B. i, ii and iii only
- C. i, iii and iv only
- D. ii, iii and iv only
Correct Answer: C. i, iii and iv only
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