Post Utme Christopher University 2021 Commerce Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2021 Commerce Objective / Multiple Choice
Question 33 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader is a type of business ownership where one person owns and operates the business. Which of the following is a characteristic of a sole trader?

Answer Options

A. Unlimited liability
B. Limited liability
Correct Answer C. Single ownership
D. Multiple ownership
Correct Answer
C
Correct Option:
Single ownership

About This Question

This is Post Utme Christopher University 2021 Commerce Question 33. It is one of the objective questions from the 2021 Post Utme Christopher University Commerce examination.

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