Post Utme Coal City University 2021 Commerce Question 26
Practice objective / multiple choice question 26 from the 2021 Post Utme Coal City University Commerce examination.
A sole trader's business is considered a separate legal entity from its owner. However, in the event of a lawsuit, the owner's personal assets may be at risk of being seized to settle the business's debts. What is the name of this legal concept?
Answer Options
About This Question
This is Post Utme Coal City University 2021 Commerce Question 26. It is one of the objective questions from the 2021 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.