Post Utme Al Hikmah University 2021 Commerce Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2021 Commerce Objective / Multiple Choice
Question 16 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from the owner's personal assets. Which of the following is a characteristic of a sole trader's business?

Answer Options

A. Unlimited liability
Correct Answer B. Separate legal entity
C. Partnership
D. Limited liability
Correct Answer
B
Correct Option:
Separate legal entity

About This Question

This is Post Utme Al Hikmah University 2021 Commerce Question 16. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Commerce examination.

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