WAEC Economics 2009 Question 27

Question 27

Business Organisations

One advantage of a sole proprietorship is that

  1. A.it can be managed without conflicts
  2. B.the sole proprietor raises money from the public
  3. C.it makes an increase in the volume of business possible
  4. D.there is no limit to the number of people who may bring in capital.
Show the answer and explanation

Answer: A (it can be managed without conflicts)

Explanation

There is only one owner, so decisions are made without disagreement with partners.