Post Utme Caleb University 2018 Commerce Question 6

Practice objective / multiple choice question 6 from the 2018 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2018 Commerce Objective / Multiple Choice
Question 6 POST_UTME_CALEB_UNIVERSITY • 2018 • COMMERCE • objective

A company has a sole trader business structure. What is the primary advantage of this structure?

Answer Options

A. Limited liability
Correct Answer B. Easy to set up
C. No need for formal meetings
D. No tax benefits
Correct Answer
B
Correct Option:
Easy to set up

About This Question

This is Post Utme Caleb University 2018 Commerce Question 6. It is one of the objective questions from the 2018 Post Utme Caleb University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support