O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2021 · Q171 Mark
Which is an advantage and a disadvantage of operating as a sole trader? [Figure showing table with advantage and disadvantage columns]
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Agains all the profit bears all the risk
Bgains all the profit controls the decision-making
Cprovides all the capital bears all the risk
Dprovides all the capital controls the decision-making
✓ Correct answer
A: gains all the profit bears all the risk
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