BECE Business Studies 2023 Objective — Question 21
Question 21 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2023 Objective paper, with the correct answer and a full explanation.
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Which of the following is an advantage of sole proprietorship business?
- A. Death of the sole proprietor can end the business.
- B. It is easy to start-up.Correct
- C. Liability of the business is unlimited.
- D. Losses can be distributed.
- E. Owner bears all risks.
Explanation
A sole proprietorship is easy to start.
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