Commerce WAEC

Small scale retail attracts a lot of new entrepreneurs in West Africa because?

A. many people have had good training in retail trade
B. it is easy to succeed with the business
C. banks are always ready to lend retailers
D. only a small amount of capital is needed to start the business
E. government exempts retailers from paying tax

Correct Answer:

Option D – only a small amount of capital is needed to start the business

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