Post Utme Eksu 2020 Commerce Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Eksu Commerce examination.

Post Utme Eksu 2020 Commerce Objective / Multiple Choice
Question 27 POST_UTME_EKSU • 2020 • COMMERCE • objective

A company is considering the establishment of a sole trade business. What are the key characteristics of a sole trade business?

Answer Options

A. Limited liability, separate legal entity
Correct Answer B. Unlimited liability, single owner
C. Partnership, shared ownership
D. Company, multiple shareholders
Correct Answer
B
Correct Option:
Unlimited liability, single owner

About This Question

This is Post Utme Eksu 2020 Commerce Question 27. It is one of the objective questions from the 2020 Post Utme Eksu Commerce examination.

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