Post Utme Abu 2024 Commerce Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Abu Commerce examination.

Post Utme Abu 2024 Commerce Objective / Multiple Choice
Question 38 POST_UTME_ABU • 2024 • COMMERCE • objective

A sole trader is a type of business ownership where one person owns and operates the business. What are the advantages of this type of business ownership?

Answer Options

Correct Answer A. Easy to set up, flexible, and low risk
B. Easy to set up, flexible, and high risk
C. Difficult to set up, inflexible, and low risk
D. Difficult to set up, inflexible, and high risk
Correct Answer
A
Correct Option:
Easy to set up, flexible, and low risk

About This Question

This is Post Utme Abu 2024 Commerce Question 38. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.

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