WAEC Marketing 2023 Question 37

Question 37

Marketing Finance

A source of financing option available to a provision store owner is

  1. A.sale of shares
  2. B.issue of debentures
  3. C.leasing
  4. D.personal savings
Show the answer and explanation

Answer: D (personal savings)

Explanation

A small sole trader cannot issue shares or debentures; personal savings are available.