Post Utme Redeemers University 2024 Commerce Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2024 Commerce Objective / Multiple Choice

Question 12 POST_UTME_REDEEMERS_UNIVERSITY • 2024 • COMMERCE • objective

A company has a sole trader business structure. What is the primary advantage of this structure?

Answer Options

A. Limited liability for the owner

Correct Answer B. Easy to set up and maintain

C. Flexibility in decision-making

D. No requirement for formal accounting records

Correct Answer

Correct Option:

Easy to set up and maintain

About This Question

This is Post Utme Redeemers University 2024 Commerce Question 12. It is one of the objective questions from the 2024 Post Utme Redeemers University Commerce examination.

View More Post Utme Redeemers University 2024 Commerce Questions More Post Utme Redeemers 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