The business most likely to operate as a sole trader is:
A) an airline.
B) a bank.
C) a medical specialist.
D) a private hospital.

Question

Quizplus · Accepted Answer

A medical specialist would most likely operate as a sole trader because they typically work independently and do not require large amounts of capital or complex organizational structures. An airline, bank, or private hospital would require significant capital, multiple employees, and more complex structures, making it less likely for them to operate as a sole trader.

The Business Most Likely to Operate as a Sole Trader