Post Utme Esut 2018 Commerce Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Esut Commerce examination.

Post Utme Esut 2018 Commerce Objective / Multiple Choice
Question 27 POST_UTME_ESUT • 2018 • COMMERCE • objective

A sole trader's business is registered under the sole trader's name. What is the primary advantage of this type of business registration?

Answer Options

A. It provides limited liability protection
Correct Answer B. It is easy to set up and maintain
C. It allows for unlimited ownership
D. It is tax-exempt
Correct Answer
B
Correct Option:
It is easy to set up and maintain

About This Question

This is Post Utme Esut 2018 Commerce Question 27. It is one of the objective questions from the 2018 Post Utme Esut Commerce examination.

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