Post Utme Covenant University 2025 Commerce Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2025 Commerce Objective / Multiple Choice
Question 23 POST_UTME_COVENANT_UNIVERSITY • 2025 • COMMERCE • objective

A company has a sole trader business structure. What is the primary disadvantage of this structure?

Answer Options

A. Limited liability
B. Easy to set up
C. Flexibility in decision-making
Correct Answer D. Unlimited personal liability
Correct Answer
D
Correct Option:
Unlimited personal liability

About This Question

This is Post Utme Covenant University 2025 Commerce Question 23. It is one of the objective questions from the 2025 Post Utme Covenant University Commerce examination.

View More Post Utme Covenant University 2025 Commerce Questions More Post Utme Covenant University Practice Questions Back to Questions

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