Post Utme Abu 2019 Commerce Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Abu Commerce examination.

Post Utme Abu 2019 Commerce Objective / Multiple Choice
Question 36 POST_UTME_ABU • 2019 • COMMERCE • objective

In a sole proprietorship, the owner's personal assets are at risk in case of business failure. What is the term for this type of risk?

Answer Options

Correct Answer A. Unlimited Liability
B. Limited Liability
C. Joint Liability
D. Single Liability
Correct Answer
A
Correct Option:
Unlimited Liability

About This Question

This is Post Utme Abu 2019 Commerce Question 36. It is one of the objective questions from the 2019 Post Utme Abu Commerce examination.

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