Question

State Whether the Following Statement Are True Or False (Give Reason) 

A sole trader has weak bargaining power.

पर्याय

• True

• False

Answer 1

This statement is True.

1. Due to limited capital and Managerial ability, he cannot bargain with the wholesalers nor he can grant credit facilities for a longer time period to his valuable customers.
2. Thus a sole trader has weak bargaining power.