Use the above information below to answer question 130&nb...
Use the above information below to answer question 130 and 131.
Mr obi is a manager of obi Agricultural Venture.
he makes all the decisions and takes all profits
from the business. H e had agreed with Alhaji Musa
It can be deduce from the above that obi AgricultrualVenture is a
(a farmer) to pool their resources together and
expand their business.They invited Mr Abayomi
(a cotton grower) to join them. Mr Abayami agreed on the condition that his liability in the new firm will be limited to his investment in it. The thus registered Obi, Musa and Abayaomi''s Agricultural ventures.
A sole proprietorship
general partnership
limited partnership
limited partnership
joint partnership
Correct answer is A
No explanation has been provided for this answer.
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