Post Utme Covenant University 2025 Commerce Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2025 Commerce Objective / Multiple Choice
Question 1 POST_UTME_COVENANT_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. Which of the following is a characteristic of a sole trader's business?

Answer Options

A. Unlimited liability
Correct Answer B. Separate legal entity
C. Partnership
D. Limited liability
Correct Answer
B
Correct Option:
Separate legal entity

About This Question

This is Post Utme Covenant University 2025 Commerce Question 1. It is one of the objective questions from the 2025 Post Utme Covenant University Commerce examination.

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