Post Utme Afe Babalola University 2018 Commerce Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2018 Commerce Objective / Multiple Choice
Question 26 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • COMMERCE • objective

In a sole proprietorship, the owner's personal assets are not protected from business liabilities. What is the name of this legal concept?

Answer Options

A. Limited Liability
B. Separate Entity
C. Unlimited Liability
Correct Answer D. Personal Liability
Correct Answer
D
Correct Option:
Personal Liability

About This Question

This is Post Utme Afe Babalola University 2018 Commerce Question 26. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Commerce examination.

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