Post Utme Abu 2024 Commerce Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Abu Commerce examination.

Post Utme Abu 2024 Commerce Objective / Multiple Choice
Question 28 POST_UTME_ABU • 2024 • COMMERCE • objective

A company has a sole proprietorship business structure. Which of the following is a characteristic of a sole proprietorship?

Answer Options

Correct Answer A. The business is owned by one person.
B. The business is owned by multiple people.
C. The business is owned by the government.
D. The business is owned by a corporation.
Correct Answer
A
Correct Option:
The business is owned by one person.

About This Question

This is Post Utme Abu 2024 Commerce Question 28. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.

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