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One of the major problems of a sole proprietor is sourcing for?

Commerce
JAMB 2009

One of the major problems of a sole proprietor is sourcing for?

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

The source of capital for a sole proprietorship business is provided by the owner of the business. Sourcing for capital has always been a major problem faced by sole proprietors.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now