Post Utme Aaua 2025 Commerce Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Aaua Commerce examination.

Post Utme Aaua 2025 Commerce Objective / Multiple Choice
Question 27 POST_UTME_AAUA • 2025 • COMMERCE • objective

A company is registered as a sole proprietorship. What is the liability of the owner?

Answer Options

A. Limited to the amount invested in the business
Correct Answer B. Unlimited, meaning the owner's personal assets are at risk
C. Limited to the amount of the company's assets
D. Depends on the type of business
Correct Answer
B
Correct Option:
Unlimited, meaning the owner's personal assets are at risk

About This Question

This is Post Utme Aaua 2025 Commerce Question 27. It is one of the objective questions from the 2025 Post Utme Aaua Commerce examination.

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