Post Utme Achievers University 2018 Commerce Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2018 Commerce Objective / Multiple Choice
Question 15 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • COMMERCE • objective

A sole trader's business is characterized by the following features: unlimited liability, unlimited capacity, and the owner's personal assets are not protected. Which of the following is a characteristic of a sole trader's business?

Answer Options

A. Limited liability
B. Unlimited capacity
C. The owner's personal assets are protected
Correct Answer D. Unlimited liability
Correct Answer
D
Correct Option:
Unlimited liability

About This Question

This is Post Utme Achievers University 2018 Commerce Question 15. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.

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