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JAMB Commerce 2025 Objective — Question 8

Question 8 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.

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Which of the following is owned by a single person?

  • A. Private Company
  • B. Public Company
  • C. Joint Family
  • D. Sole ProprietorshipCorrect

Explanation

A sole proprietorship is a business owned and run by one individual.

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