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One of the major problems of a sole properitor is sourcing for

Commerce
JAMB 2023

One of the major problems of a sole properitor is sourcing for

  • A. labour
  • B. machineries
  • C. raw materials
  • D. funds
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Correct Answer: Option D
Explanation

The sole proprietorship is always faced with inadequate capital because of the small sizeof his business and his ability to source funds outside his business.

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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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