Post Utme Elizade University 2025 Commerce Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2025 Commerce Objective / Multiple Choice
Question 4 POST_UTME_ELIZADE_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader is a business owned and operated by one individual. The owner has complete control over the business and is personally responsible for its debts. This type of business is also known as

Answer Options

A. Partnership
B. Limited Liability Company
Correct Answer C. Sole Trader
D. Cooperative
Correct Answer
C
Correct Option:
Sole Trader

About This Question

This is Post Utme Elizade University 2025 Commerce Question 4. It is one of the objective questions from the 2025 Post Utme Elizade University Commerce examination.

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