The relationship which subsists between between two or more persons carrying on a business with...

COMMERCE
WAEC 2011

The relationship which subsists between between two or more persons carrying on a business with a view to profit is

  • A. cooperative society
  • B. partnership
  • C. public limited company
  • D. credit union

Correct Answer: B. partnership

Explanation

A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities.



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