Post Utme Christopher University 2022 Commerce Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2022 Commerce Objective / Multiple Choice
Question 32 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • COMMERCE • objective

A sole trader's business is affected by the following factors: market conditions, government policies, and consumer preferences. Which of the following is a characteristic of a sole trader?

Answer Options

A. Limited liability
Correct Answer B. Unlimited liability
C. Partnership
D. Company
Correct Answer
B
Correct Option:
Unlimited liability

About This Question

This is Post Utme Christopher University 2022 Commerce Question 32. It is one of the objective questions from the 2022 Post Utme Christopher University Commerce examination.

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