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WAEC Marketing 2023 Objective — Question 37

Question 37 of 40 from the West African Examinations Council (WAEC) Marketing 2023 Objective paper, with the correct answer and a full explanation.

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A source of financing option available to a provision store owner is

  • A. sale of shares
  • B. issue of debentures
  • C. leasing
  • D. personal savingsCorrect

Explanation

As a sole trader, a provision store owner's available source of finance is typically personal savings, not shares or debentures.

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