One of the major problems of a sole proprietor is sourcing for
Funds
Labour
Raw materials
Machineries
Correct answer is A
sole proprietorship is solely financed by the owner and money from family and friends and most times it’s difficult to raise funds
The main disadvantages to being a sole proprietorship is raising of funds
Current account holders withdraw money through
Credit card
Cheque
Transfer
Withdrawal form
Correct answer is B
Current account holder withdraws money using cheque, a cheque is an order to a bank to pay a stated sum from the drawer's account, written on a specially printed form.
A cheque is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
The act of selling in a foreign market at a price lower than the cost price is called
Dumping
hedging
fair trading
under sale
Correct answer is A
Dumping is a term used in the context of international trade. It's when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market
Exporting goods at prices lower than the home-market prices
Any activity directed at conveying commodities to buyers is an aspect _________
selling
delivering
advertising
marketing
Correct answer is B
Is the act of conveying something. E.g. delivering goods to a customer.