Post Utme Abu 2018 Commerce Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Abu Commerce examination.

Post Utme Abu 2018 Commerce Objective / Multiple Choice
Question 7 POST_UTME_ABU • 2018 • COMMERCE • objective

A sole trader is considering expanding their business by forming a partnership. What are the main advantages of forming a partnership?

Answer Options

Correct Answer A. Increased capital, shared risk, and expertise
B. Reduced tax liability, increased flexibility
C. Improved reputation, increased customer base
D. None of the above
Correct Answer
A
Correct Option:
Increased capital, shared risk, and expertise

About This Question

This is Post Utme Abu 2018 Commerce Question 7. It is one of the objective questions from the 2018 Post Utme Abu Commerce examination.

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