waecE-LEARNING
Home
Technical
Mathematics
Languages
Science
Social Science
Art
Literature Arabic Islamic Studies C.R.KHistory MusicVisual Art Clothing/Textile Home Management Shorthand
 
Commerce Paper 2, Nov/Dec. 2008
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments
Strength
Weakness/Remedies

 

 

 

 

 

 

 






Question 5

    • What is a Partnership form of business?
    • State four right of a member of the partnership
    • Give five reasons that could lead to the dissolution of a partnership.

_____________________________________________________________________________________________________

observation

  1. What is a Partnership form of business?
  2. State four right of a member of the partnership
  3. Give five reasons that could lead to the dissolution of a partnership.

Candidates performed well in the meaning of partnership and reasons for dissolution, many however did not know the rights of a partner.
The partner has the following rights viz:

    • Right to profit sharing
    • Right to vote and be voted for
    • Right to participation in all decisions concerning the partnership.
    • Right to access the partnership books etc.

     

Powered by Sidmach Technologies(Nigeria) Limited .
Copyright © 2012 The West African Examinations Council. All rights reserved.