Post Utme Caleb University 2018 Commerce Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2018 Commerce Objective / Multiple Choice
Question 10 POST_UTME_CALEB_UNIVERSITY • 2018 • COMMERCE • objective

A company has a sole trader business structure. What is the primary disadvantage of this structure?

Answer Options

A. Limited liability
B. Easy to set up
C. No need for formal meetings
Correct Answer D. Unlimited personal liability
Correct Answer
D
Correct Option:
Unlimited personal liability

About This Question

This is Post Utme Caleb University 2018 Commerce Question 10. It is one of the objective questions from the 2018 Post Utme Caleb University Commerce examination.

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