Post Utme Wellspring University 2022 Commerce Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2022 Commerce Objective / Multiple Choice

Question 7 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

Correct Answer A. Easy to set up and operate

B. Limited liability

C. Ability to raise capital

D. Flexibility in decision-making

Correct Answer

Correct Option:

Easy to set up and operate

About This Question

This is Post Utme Wellspring University 2022 Commerce Question 7. It is one of the objective questions from the 2022 Post Utme Wellspring University Commerce examination.

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