Post Utme Christopher University 2020 Commerce Question 6

Practice objective / multiple choice question 6 from the 2020 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2020 Commerce Objective / Multiple Choice
Question 6 POST_UTME_CHRISTOPHER_UNIVERSITY • 2020 • COMMERCE • objective

In a sole trade business, what is the primary advantage of using a sole trader's personal assets as security for business loans?

Answer Options

Correct Answer A. Increased creditworthiness
B. Reduced business risk
C. Improved cash flow management
D. Enhanced business reputation
Correct Answer
A
Correct Option:
Increased creditworthiness

About This Question

This is Post Utme Christopher University 2020 Commerce Question 6. It is one of the objective questions from the 2020 Post Utme Christopher University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support