Post Utme Igbinedion University 2022 Commerce Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2022 Commerce Objective / Multiple Choice
Question 32 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • COMMERCE • objective

A sole trader is a type of business ownership where one person owns and operates the business. What are the advantages of being a sole trader?

Answer Options

A. Easy to set up and operate
B. Limited liability
Correct Answer C. Flexibility in decision-making
D. Ability to raise capital from investors
Correct Answer
C
Correct Option:
Flexibility in decision-making

About This Question

This is Post Utme Igbinedion University 2022 Commerce Question 32. It is one of the objective questions from the 2022 Post Utme Igbinedion University Commerce examination.

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