A major disadvantage of partnership business is
...A major disadvantage of partnership business is
Difficulty in the transfer of shares
Distrust among members
Limited liability
Large capital outlay
Correct answer is B
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.
The function of money which makes division of labour possible is its ...
In Economics, a market is defined as any ...
The problem of small markets in West Africa can be solved through ...
Which of the following is not a direct effort to increase agricultural production? ...
If an increase in earning leads to more of a commodity being demanded, the good is said to have ...
Which of the following is NOT a reason for the absence of an industry in the rural areas? ...