Post Utme Futo 2023 Commerce Question 41

Practice objective / multiple choice question 41 from the 2023 Post Utme Futo Commerce examination.

Post Utme Futo 2023 Commerce Objective / Multiple Choice
Question 41 POST_UTME_FUTO • 2023 • COMMERCE • objective

A company is considering setting up a sole proprietorship business. What is the primary advantage of this business structure?

Answer Options

A. Easy to set up
B. Low start-up costs
Correct Answer C. Simple tax compliance
D. Unlimited liability
Correct Answer
C
Correct Option:
Simple tax compliance

About This Question

This is Post Utme Futo 2023 Commerce Question 41. It is one of the objective questions from the 2023 Post Utme Futo Commerce examination.

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