waecE-LEARNING
Commerce Paper 2, May/June 2011  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments
Strength
Weakness/Remedies







question 2

(a) State five features of partnership business

(b) Explain five reasons why government participate in business

 


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observation

Most of the candidates performed very well on the features of partnerships but many still regard unlimited membership as a feature.  There is no more limit as to membership of partnership.  The (b) part of the question required candidates to state the reasons for government participation in business.  Most candidates included profit motive as a reason for government participation in business.  This is not the main reason.  The main reasons are:

  • Provision of essential services.
  • Provision of large capital requirement by some business.
  • Control of strategic and key industries.
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