Post Utme Covenant University 2018 Commerce Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2018 Commerce Objective / Multiple Choice
Question 31 POST_UTME_COVENANT_UNIVERSITY • 2018 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. What is the primary reason for this separation?

Answer Options

A. Limited liability
B. Separate taxation
C. Separate ownership
Correct Answer D. Separate management
Correct Answer
D
Correct Option:
Separate management

About This Question

This is Post Utme Covenant University 2018 Commerce Question 31. It is one of the objective questions from the 2018 Post Utme Covenant University Commerce examination.

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