Post Utme Babcock University 2022 Commerce Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2022 Commerce Objective / Multiple Choice
Question 21 POST_UTME_BABCOCK_UNIVERSITY • 2022 • COMMERCE • objective

In a sole proprietorship business, the owner's personal assets are not protected from business liabilities. What is the correct term for this type of business?

Answer Options

Correct Answer A. Sole Proprietorship
B. Partnership
C. Limited Liability Company
D. Corporation
Correct Answer
A
Correct Option:
Sole Proprietorship

About This Question

This is Post Utme Babcock University 2022 Commerce Question 21. It is one of the objective questions from the 2022 Post Utme Babcock University Commerce examination.

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