Post Utme Delsu 2017 Commerce Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Delsu Commerce examination.

Post Utme Delsu 2017 Commerce Objective / Multiple Choice

Question 36 POST_UTME_DELSU • 2017 • COMMERCE • objective

In a sole trade business, the owner's personal assets are not protected from business liabilities. What is the primary reason for this?

A. Lack of separate business bank account

B. Insufficient business insurance

C. Failure to register the business

Correct Answer D. No distinction between business and personal assets

Correct Answer

Correct Option:

No distinction between business and personal assets

This is Post Utme Delsu 2017 Commerce Question 36. It is one of the objective questions from the 2017 Post Utme Delsu Commerce examination.

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