The main advantage of a sole trader is the freedom to?
A.
employ anyone he likes
B.
take quick decision
C.
seek advise from any source
D.
plough all the profits
Correct Answer: Option B
Explanation
The one-man business is advantageous in the sense that the bureaucratic process of taking decisions is totally abolished. As a sole trader, business decisions are taken by the business owner which makes it fast and prompt.
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