Post Utme Babcock University 2020 Commerce Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2020 Commerce Objective / Multiple Choice
Question 29 POST_UTME_BABCOCK_UNIVERSITY • 2020 • COMMERCE • objective

A company has a sole trader as its owner. What is the primary advantage of this business structure?

Answer Options

A. The company has unlimited liability.
B. The company has limited liability.
C. The company has a separate legal identity.
Correct Answer D. The company has a sole owner.
Correct Answer
D
Correct Option:
The company has a sole owner.

About This Question

This is Post Utme Babcock University 2020 Commerce Question 29. It is one of the objective questions from the 2020 Post Utme Babcock University Commerce examination.

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