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WAEC Commerce 2010 Question 29

Question 29

Business Units

Which of the following is not a disadvantage of a one-man-business?

  1. A.Unlimited liability of owner
  2. B.Life of business limited to life of owner
  3. C.Personal control of business
  4. D.Difficulty in raising additional capital
Show the answer and explanation

Answer: C (Personal control of business)

Explanation

Personal control is an advantage of a sole proprietorship.