Post Utme Achievers University 2024 Commerce Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2024 Commerce Objective / Multiple Choice
Question 3 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader is considering expanding their business to include a new product line. Which of the following is a key advantage of a sole trader business structure?

Answer Options

A. Easy to set up and maintain
B. Limited liability for owners
C. Ability to raise capital from investors
Correct Answer D. Flexibility to make decisions quickly
Correct Answer
D
Correct Option:
Flexibility to make decisions quickly

About This Question

This is Post Utme Achievers University 2024 Commerce Question 3. It is one of the objective questions from the 2024 Post Utme Achievers University Commerce examination.

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