WAEC Economics 2011 Objective — Question 19
Question 19 of 50 from the West African Examinations Council (WAEC) Economics 2011 Objective paper, with the correct answer and a full explanation.
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One advantage of the Sole proprietorship over other forms of business organisations is that it can
- A. A. make very high profits
- B. B. employ many workers
- C. C. keep its affairs privateCorrect
- D. D. produce on a very large scale
Explanation
A major advantage of a sole proprietorship is the privacy it enjoys about its affairs and operations.
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