Post Utme Nile University 2021 Commerce Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Nile University Commerce examination.

Post Utme Nile University 2021 Commerce Objective / Multiple Choice
Question 1 POST_UTME_NILE_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

A. Limited liability
B. Easy to set up
Correct Answer C. Flexibility in decision-making
D. No tax implications
Correct Answer
C
Correct Option:
Flexibility in decision-making

About This Question

This is Post Utme Nile University 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Nile University Commerce examination.

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