Post Utme Delsu 2018 Commerce Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Delsu Commerce examination.

Post Utme Delsu 2018 Commerce Objective / Multiple Choice
Question 23 POST_UTME_DELSU • 2018 • COMMERCE • objective

A company is a type of business ownership where there are multiple owners who share the profits and losses. What is the main disadvantage of being a company?

Answer Options

A. Limited liability
B. Unlimited liability
Correct Answer C. Complexity in decision-making
D. Higher tax rates
Correct Answer
C
Correct Option:
Complexity in decision-making

About This Question

This is Post Utme Delsu 2018 Commerce Question 23. It is one of the objective questions from the 2018 Post Utme Delsu Commerce examination.

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