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Which of the following is an advantage of a sole trader business?
Options
A.a. Separate taxation
B.b. Shared decision-making
C.c. Limited liability
D.d. Easy to establish and manage
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Step-by-Step Analysis
The question asks to identify an advantage of a sole trader business from the given options.
Option a: Separate taxation. This is incorrect because a sole trader’s income is taxed as the owner’s personal income; there is no sepa......Login to view full explanationLog in for full answers
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