Post Utme Bowen University 2017 Commerce Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2017 Commerce Objective / Multiple Choice
Question 27 POST_UTME_BOWEN_UNIVERSITY • 2017 • 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 characteristic of a sole trader's business?

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 Bowen University 2017 Commerce Question 27. It is one of the objective questions from the 2017 Post Utme Bowen University Commerce examination.

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