Post Utme Delsu 2020 Commerce Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Delsu Commerce examination.

Post Utme Delsu 2020 Commerce Objective / Multiple Choice
Question 26 POST_UTME_DELSU • 2020 • COMMERCE • objective

What is the primary function of a sole trader in a market economy?

Answer Options

A. To maximize profits for shareholders
B. To provide employment opportunities for the community
Correct Answer C. To operate as a single unit with unlimited liability
D. To engage in price-fixing agreements with competitors
Correct Answer
C
Correct Option:
To operate as a single unit with unlimited liability

About This Question

This is Post Utme Delsu 2020 Commerce Question 26. It is one of the objective questions from the 2020 Post Utme Delsu Commerce examination.

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