Post Utme Elizade University 2019 Commerce Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2019 Commerce Objective / Multiple Choice
Question 16 POST_UTME_ELIZADE_UNIVERSITY • 2019 • COMMERCE • objective

In a sole proprietorship, the owner's personal assets are protected from business liabilities through a legal concept known as _______.

Answer Options

A. Separate Entity
Correct Answer B. Limited Liability
C. Joint Venture
D. Partnership
Correct Answer
B
Correct Option:
Limited Liability

About This Question

This is Post Utme Elizade University 2019 Commerce Question 16. It is one of the objective questions from the 2019 Post Utme Elizade University Commerce examination.

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