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WAEC Commerce 2013 Question 35

Question 35

Business Units

Which of the following is an advantage to a sole trader?

  1. A.Guaranteed profit.
  2. B.Quick decision-making.
  3. C.Unlimited liability.
  4. D.Buying on credit.
Show the answer and explanation

Answer: B (Quick decision-making.)

Explanation

A sole trader decides alone, so decisions are quick.