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One of the disadvantages of a sole trader business is that:
  • a)
    Capital is limited to owner’s savings and bank loans
  • b)
    Decisions take too long to make
  • c)
    As they are government owned there is no profit motive
  • d)
     
    the owners may disagree.
Correct answer is option 'A'. Can you explain this answer?
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One of the disadvantages of a sole trader business is that:a)Capital is limited to owner’s savings and bank loansb)Decisions take too long to makec)As they are government owned there is no profit motived)the owners may disagree.Correct answer is option 'A'. Can you explain this answer?
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