Post Utme Ims U 2021 Commerce Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Ims U Commerce examination.

Post Utme Ims U 2021 Commerce Objective / Multiple Choice
Question 16 POST_UTME_IMS_U • 2021 • COMMERCE • objective

In a sole trading business, what is the primary advantage of using a sole proprietorship compared to a partnership?

Answer Options

A. Limited liability
B. Tax benefits
C. Easy formation
Correct Answer D. Flexibility in decision-making
Correct Answer
D
Correct Option:
Flexibility in decision-making

About This Question

This is Post Utme Ims U 2021 Commerce Question 16. It is one of the objective questions from the 2021 Post Utme Ims U Commerce examination.

View More Post Utme Ims U 2021 Commerce Questions More Post Utme Ims U Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support