An advantage of the sole proprietorship over the partnership from of business organisation is that...
ECONOMICS
JAMB 2003
An advantage of the sole proprietorship over the partnership from of business organisation is that
- A. its existence is limited by an individual's life span
- B. it relies on the decision of friends to succeed
- C. the possibility of conflict in management is virtually non-existent
- D. it enjoys limited liability for debt in the event of failure
Correct Answer: C. the possibility of conflict in management is virtually non-existent
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