Post Utme Madonna University 2020 Commerce Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2020 Commerce Objective / Multiple Choice

Question 36 POST_UTME_MADONNA_UNIVERSITY • 2020 • COMMERCE • objective

In a sole trade business, what is the primary advantage of using a sole trader structure?

Answer Options

A. Limited liability

B. Easy to set up and manage

Correct Answer C. Flexibility in decision-making

D. No tax implications

Correct Answer

Correct Option:

Flexibility in decision-making

About This Question

This is Post Utme Madonna University 2020 Commerce Question 36. It is one of the objective questions from the 2020 Post Utme Madonna University Commerce examination.

View More Post Utme Madonna University 2020 Commerce Questions More Post Utme Madonna University 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