Post Utme Lead City University 2021 Commerce Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2021 Commerce Objective / Multiple Choice
Question 34 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader's business is not a separate legal entity from the owner. What is the main advantage of this?

Answer Options

A. Easy to set up and maintain
Correct Answer B. Flexibility in decision-making
C. Limited liability for the owner
D. No need for formal accounting records
Correct Answer
B
Correct Option:
Flexibility in decision-making

About This Question

This is Post Utme Lead City University 2021 Commerce Question 34. It is one of the objective questions from the 2021 Post Utme Lead City University Commerce examination.

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