Post Utme Abu 2019 Commerce Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Abu Commerce examination.

Post Utme Abu 2019 Commerce Objective / Multiple Choice
Question 11 POST_UTME_ABU • 2019 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. Which of the following is a characteristic of a sole trader's business?

Answer Options

A. Unlimited liability
Correct Answer B. Separate legal entity
C. No liability
D. No tax benefits
Correct Answer
B
Correct Option:
Separate legal entity

About This Question

This is Post Utme Abu 2019 Commerce Question 11. It is one of the objective questions from the 2019 Post Utme Abu Commerce examination.

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