Post Utme Summit University 2023 Commerce Question 1

Practice objective / multiple choice question 1 from the 2023 Post Utme Summit University Commerce examination.

Post Utme Summit University 2023 Commerce Objective / Multiple Choice

Question 1 POST_UTME_SUMMIT_UNIVERSITY • 2023 • COMMERCE • objective

A sole trader is a type of business unit that is owned and controlled by one individual. What is the primary advantage of being a sole trader?

Answer Options

Correct Answer A. Flexibility in decision-making

B. Limited liability

C. Easy to set up

D. High level of capital required

Correct Answer

Correct Option:

Flexibility in decision-making

About This Question

This is Post Utme Summit University 2023 Commerce Question 1. It is one of the objective questions from the 2023 Post Utme Summit University Commerce examination.

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