Post Utme Achievers University 2020 Commerce Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2020 Commerce Objective / Multiple Choice
Question 7 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader's business is affected by the following factors: market conditions, competition, and government policies. Which of the following is a characteristic of a sole trader?

Answer Options

A. It is a partnership
B. It is a limited company
Correct Answer C. It is a sole trader
D. It is a cooperative society
Correct Answer
C
Correct Option:
It is a sole trader

About This Question

This is Post Utme Achievers University 2020 Commerce Question 7. It is one of the objective questions from the 2020 Post Utme Achievers University Commerce examination.

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