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Which of the Following Statements About a Sole Trader Is

Question 29

Multiple Choice

Which of the following statements about a sole trader is NOT true?


A) A sole trader may have difficulty in raising business capital.
B) The sole trader must generally consult with customers,creditors and employees in deciding what the business will and will not do.
C) Anyone with contractual capacity can be a sole trader.
D) The liability of a sole trader is unlimited and personal.

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