Which business is not likely to be organised as a sole trader or partnership?
A) architect
B) carpenter
C) oil exploration
D) hot bread shop

Question

Quizplus · Accepted Answer

Oil exploration requires significant investments and high risks, making it more suitable for a corporate structure such as a limited liability company or a public corporation. Sole trader or partnership structures may not provide sufficient legal protection for the risks associated with this industry.

Which Business Is Not Likely to Be Organised as a Sole