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BECE Business Studies 2022 Objective — Question 36

Question 36 of 119 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.

The following are sources of finance to a businessman except

A. commercial banks.
B. cooperative societies.
C. government grant.
D. loans from family and friends.
E. value added tax.Correct

Explanation

Value added tax is a tax, not a source of finance for the businessman.

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