Post Utme Babcock University 2017 Commerce Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2017 Commerce Objective / Multiple Choice
Question 35 POST_UTME_BABCOCK_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader is a type of business ownership where one person owns and operates the business. What is the main advantage of a sole trader?

Answer Options

Correct Answer A. Easy to set up and operate
B. High level of control and decision-making
C. Limited liability and tax benefits
D. Ability to raise capital from investors
Correct Answer
A
Correct Option:
Easy to set up and operate

About This Question

This is Post Utme Babcock University 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Babcock University Commerce examination.

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