Gce Model Questions Vol1 2022 Commerce Question 7

Practice essay / theory question 7 from the 2022 Gce Model Questions Vol1 Commerce examination. This question covers Business Organisations .

Gce Model Questions Vol1 2022 Commerce Essay / Theory

Topic: Business Organisations

Question 7 GCE_MODEL_QUESTIONS_VOL1 • 2022 • COMMERCE • essay

A group of university graduates plans to start a technology enterprise that will develop mobile applications. The founders are considering the legal form that the business should take.

Question Parts

( a )

Identify the three principal forms of business organisation recognised in Nigeria.

( b )

For each of the forms identified in part (a), discuss two major advantages and two major disadvantages in the context of a start‑up technology enterprise.

( c )

Based on the analysis in parts (a) and (b), recommend the most suitable form of organisation for the start‑up and justify your recommendation, taking into account liability, tax, control and access to finance.

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About This Question

This is Gce Model Questions Vol1 2022 Commerce Question 7. It is one of the essay questions from the 2022 Gce Model Questions Vol1 Commerce examination.

The question covers Business Organisations .

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