A major disadvantage of partnership business is
ECONOMICS
JAMB 2013
A major disadvantage of partnership business is
- A. difficulty in the transfer of shares
- B. distrust among members
- C. limited liability
- D. large capital outlay
Correct Answer: B. distrust among members
Explanation
Distrust among partners often stems from poor communication, leading to suspicion when none is warranted. This often lead to serious disagreement that may eventually end the partnership.
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