Post Utme Unn 2017 Commerce Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Unn Commerce examination.

Post Utme Unn 2017 Commerce Objective / Multiple Choice
Question 7 POST_UTME_UNN • 2017 • COMMERCE • objective

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

Answer Options

A. Limited liability
B. Unlimited liability
Correct Answer C. Flexibility in decision-making
D. Increased tax burden
Correct Answer
C
Correct Option:
Flexibility in decision-making

About This Question

This is Post Utme Unn 2017 Commerce Question 7. It is one of the objective questions from the 2017 Post Utme Unn 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