WAEC Agricultural Science 2023 Question 49

Question 49

Farm Management and Records

The risk of production in agricultural business is borne by the

  1. A.farm assistant.
  2. B.farm labour.
  3. C.farm owner.
  4. D.farmer's family.
Show the answer and explanation

Answer: C (farm owner.)

Explanation

The owner (entrepreneur) bears the risk of loss.