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JAMB Commerce 2003 Question 29

Question 29

Business Units

One of the requirements necessary for setting up a business is

  1. A.registration
  2. B.advertisement
  3. C.knowledge of the business
  4. D.documentation
Show the answer and explanation

Answer: C (knowledge of the business)

Explanation

Before starting any business, the owner needs knowledge of that line of business to run it successfully.