PRC-3 · Chapter 2 · Question 2 of 61
Which of the following is considered a primary advantage of operating a business as a sole trader?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Absolute control over all business decisions
Explanation
In a sole proprietorship, the proprietor has full control and is free to make all decisions without needing to consult partners or a board.
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