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WAEC Commerce 2010 Question 6

Question 6

Retail Trade

Which of the following factors is not to be considered in starting a retail trade?

  1. A.Size of the business
  2. B.Nature of business
  3. C.Amount of capital required
  4. D.Level of tax payable
Show the answer and explanation

Answer: D (Level of tax payable)

Explanation

The size, nature and capital of the business are key starting decisions; the level of tax is not a main factor in starting a small retail trade.