Post Utme Caleb University 2025 Commerce Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2025 Commerce Objective / Multiple Choice

Question 3 POST_UTME_CALEB_UNIVERSITY • 2025 • 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 being a sole trader?

Answer Options

Correct Answer A. Easy to set up and operate

B. High level of control and decision-making

C. Limited financial risk

D. Ability to raise capital from investors

Correct Answer

Correct Option:

Easy to set up and operate

About This Question

This is Post Utme Caleb University 2025 Commerce Question 3. It is one of the objective questions from the 2025 Post Utme Caleb University Commerce examination.

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