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WAEC Commerce 2024 Question 5

Question 5

Production

An example of an entrepreneur is a

  1. A.bank manager.
  2. B.board member.
  3. C.debenture holder.
  4. D.sole proprietor.
Show the answer and explanation

Answer: D (sole proprietor.)

Explanation

An entrepreneur starts a business and bears its risks; a sole proprietor does exactly that.