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WAEC Commerce 2024 Paper
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© africaexams.com
Question : 10
Total: 50
A disadvantage of a sole trader is that they pay
pay tax to the government
has limited liability
has unlimited liability
does not share profit with others
Validate
Solution:
the sole trader, in most cases, has unlimited liability. In the case of liquidation, his personal property can be used to pay up debts.
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