Post Utme Wellspring University 2022 Commerce Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2022 Commerce Objective / Multiple Choice
Question 33 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • COMMERCE • objective

A sole trader is a type of business ownership where one person owns and operates the business. 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 Wellspring University 2022 Commerce Question 33. It is one of the objective questions from the 2022 Post Utme Wellspring University Commerce examination.

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