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One of the major problems of a sole properitor is sourcing for

One of the major problems of a sole properitor is sourcing for
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Labour
  • B Machineries
  • C Raw materials
  • D Funds
Correct Answer: Option D
Explanation:
A major problem faced by a sole proprietor is limited access to funds. Since the business is usually financed mainly by the owner and has limited access to external finance, raising sufficient capital for expansion can be difficult.

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