JAMB - Commerce (2024 - No. 12)
A person who runs a business on his own account is called a
customer
sole trader
director
partner
Paskaidrojums
A sole trader, also known as a sole proprietor or sole proprietorship, is an individual who owns and operates a business independently. As a sole trader, the person is solely responsible for the business's profits, losses, and liabilities. They hav full control over the business's operations and make all decisions independently.