Which of the Following Is an Advantage of Being a Sole

question 20

Multiple Choice

Which of the following is an advantage of being a sole trader?

• A)the owner has total autonomy over business decisions
• B)the owner has unlimited liability
• C)the business has limited life
• D)the business is not a separate legal entity

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Definitions:

Developmental Stage

A period in a person's life characterized by specific developmental tasks, milestones, or achievements.

Customs And Rituals

Traditional practices and ceremonial acts followed by a community or group, often rooted in cultural or religious heritage, that symbolize important values or milestones.

Cremation

The process of reducing a body to ashes by exposing it to high heat, often followed by the storage or scattering of the ashes.

Preschool Student

A child who attends an educational institution or program designed for children before they enter compulsory education.