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The main advantage of a sole trader is the freedom to

The main advantage of a sole trader is the freedom to
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  • A Employ anyone he likes
  • B Seek advice from any source
  • C Take quick decisions
  • D Plough all the profits back into the business
Correct Answer: Option C
Explanation:
A major advantage of sole proprietorship is that the owner has complete control over the business and can make decisions quickly without having to consult partners or shareholders. This allows the sole trader to respond promptly to business opportunities and problems.

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