Post Utme Coal City University 2020 Commerce Question 6

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

Post Utme Coal City University 2020 Commerce Objective / Multiple Choice
Question 6 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • COMMERCE • objective

In a sole proprietorship, the owner's personal assets are protected from business liabilities through a legal concept known as?

Answer Options

A. Separate Entity Doctrine
Correct Answer B. Limited Liability
C. Piercing the Corporate Veil
D. Business Judgment Rule
Correct Answer
B
Correct Option:
Limited Liability

About This Question

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