Post Utme Rhema University 2024 Commerce Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2024 Commerce Objective / Multiple Choice
Question 17 POST_UTME_RHEMA_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader is a type of business organization that is owned and controlled by one person. What is the main advantage of being a sole trader?

Answer Options

A. Limited liability
B. Easy to set up
Correct Answer C. Flexibility in decision-making
D. Access to capital
Correct Answer
C
Correct Option:
Flexibility in decision-making

About This Question

This is Post Utme Rhema University 2024 Commerce Question 17. It is one of the objective questions from the 2024 Post Utme Rhema 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