WAEC - Commerce (2010 - No. 34)
Which of the following is not an advantage of partnership?
Diversified managerial talents
Greater financial resources
Freedom to terminate business
Account is not made public
Maelezo
Advantages of a partnership include that:
- two heads (or more) are better than one.
- your business is easy to establish and start-up costs are low.
- more capital is available for the business.
- you'll have greater borrowing capacity.
- high-calibre employees can be made partners.