Post Utme Unilag 2018 Commerce Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Unilag Commerce examination.

Post Utme Unilag 2018 Commerce Objective / Multiple Choice
Question 22 POST_UTME_UNILAG • 2018 • COMMERCE • objective

A sole trader is considering expanding their business by taking on a partner. What are the main advantages of this decision?

Answer Options

Correct Answer A. Increased capital, shared risk, and access to new skills
B. Reduced workload, improved decision-making, and enhanced reputation
C. Greater control, increased profits, and reduced liability
D. Improved cash flow, enhanced creditworthiness, and increased competitiveness
Correct Answer
A
Correct Option:
Increased capital, shared risk, and access to new skills

About This Question

This is Post Utme Unilag 2018 Commerce Question 22. It is one of the objective questions from the 2018 Post Utme Unilag Commerce examination.

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