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BECE Business Studies 2024 Objective — Question 8

Question 8 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.

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Sole proprietorship is a business that is owned by ______.

  • A. an individualCorrect
  • B. employees
  • C. shareholders
  • D. the government
  • E. the public

Explanation

A sole proprietorship has one owner.

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