Post Utme Achievers University 2020 Commerce Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2020 Commerce Objective / Multiple Choice
Question 27 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering setting up a sole trade business. What are the advantages of this business structure?

Answer Options

Correct Answer A. Limited liability, ease of setup, and flexibility
B. Unlimited liability, complexity, and high costs
C. Tax benefits, simplicity, and low costs
D. No liability, no taxes, and no regulations
Correct Answer
A
Correct Option:
Limited liability, ease of setup, and flexibility

About This Question

This is Post Utme Achievers University 2020 Commerce Question 27. It is one of the objective questions from the 2020 Post Utme Achievers University Commerce examination.

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