Question:

In this question, two statements numbered I and II are given. There may be cause and effect relationship between two statements. These two statements may be the effect of same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements and mark your answer accordingly.
Statement I: A sole proprietor enjoys considerable degree of freedom in making business decision and decision making is prompt because there is no need to consult others.
Statement II: Sole proprietor can timely capitalize the market opportunities as and when they arise.

Updated On: Oct 15, 2024
  • Statement I is the cause and statement II is its effect
  • Statement II is the cause and statement I is its effect
  • Both statement I and statement II are independent causes
  • Both statement I and II are effect of independent causes
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The Correct Option is A

Solution and Explanation

The correct option is (A): Statement I is the cause and statement II is its effect
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