Post Utme Christopher University 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2022 Commerce Objective / Multiple Choice

Question 11 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • COMMERCE • objective

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

Answer Options

A. Lack of separate business bank account

B. Insufficient business insurance

Correct Answer C. Personal assets are not protected from business liabilities

D. Inadequate accounting records

Correct Answer

Correct Option:

Personal assets are not protected from business liabilities

About This Question

This is Post Utme Christopher University 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Christopher University Commerce examination.

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