Post Utme Esut 2017 Commerce Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Esut Commerce examination.

Post Utme Esut 2017 Commerce Objective / Multiple Choice
Question 28 POST_UTME_ESUT • 2017 • COMMERCE • objective

A sole trader has a business that is experiencing financial difficulties. The sole trader is considering taking out a loan to finance the business. Which of the following is the best option for the sole trader?

Answer Options

A. The sole trader should take out a loan from a bank.
B. The sole trader should take out a loan from a private investor.
C. The sole trader should not take out a loan at all.
Correct Answer D. The sole trader should take out a loan from a credit union.
Correct Answer
D
Correct Option:
The sole trader should take out a loan from a credit union.

About This Question

This is Post Utme Esut 2017 Commerce Question 28. It is one of the objective questions from the 2017 Post Utme Esut Commerce examination.

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