Post Utme Uniosun 2021 Commerce Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2021 Commerce Objective / Multiple Choice

Question 37 POST_UTME_UNIOSUN • 2021 • COMMERCE • objective

A sole trader is a business owned by one person, who is responsible for all the profits and losses. What is the main advantage of being a sole trader?

Answer Options

Correct Answer A. Flexibility and autonomy

B. Limited liability

C. Easy to set up

D. Low startup costs

Correct Answer

Correct Option:

Flexibility and autonomy

About This Question

This is Post Utme Uniosun 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Uniosun Commerce examination.

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