Post Utme Bsu 2018 Commerce Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Bsu Commerce examination.

Post Utme Bsu 2018 Commerce Objective / Multiple Choice

Question 16 POST_UTME_BSU • 2018 • COMMERCE • objective

In a sole proprietorship business, the owner's personal assets are not protected from business liabilities. What is the main reason for this?

A. The business is not registered as a separate entity.

B. The owner has not obtained necessary licenses and permits.

Correct Answer C. The owner's personal assets are not separated from business assets.

D. The business does not have a separate bank account.

Correct Answer

Correct Option:

The owner's personal assets are not separated from business assets.

This is Post Utme Bsu 2018 Commerce Question 16. It is one of the objective questions from the 2018 Post Utme Bsu Commerce examination.

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