WAEC Commerce 2013 Objective — Question 35
Question 35 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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Which of the following is an advantage to a sole trader?
- A. Guaranteed profit
- B. Quick decision-makingCorrect
- C. Unlimited liability
- D. Buying on credit
Explanation
In a sole trader, only one person decides, thus, the decision making in such organisation is quick and fast.
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