Post Utme Bells University 2021 Commerce Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Bells University Commerce examination.

Post Utme Bells University 2021 Commerce Objective / Multiple Choice
Question 2 POST_UTME_BELLS_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

A. Limited liability
Correct Answer B. Unlimited liability
C. Partnership
D. Company
Correct Answer
B
Correct Option:
Unlimited liability

About This Question

This is Post Utme Bells University 2021 Commerce Question 2. It is one of the objective questions from the 2021 Post Utme Bells University Commerce examination.

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