Post Utme Futa 2019 Commerce Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Futa Commerce examination.

Post Utme Futa 2019 Commerce Objective / Multiple Choice
Question 1 POST_UTME_FUTA • 2019 • COMMERCE • objective

In a sole proprietorship, the owner's personal assets are

Answer Options

Correct Answer A. liable for all business debts
B. liable for business debts but not personal assets
C. not liable for business debts
D. liable for business debts but not personal assets and vice versa
Correct Answer
A
Correct Option:
liable for all business debts

About This Question

This is Post Utme Futa 2019 Commerce Question 1. It is one of the objective questions from the 2019 Post Utme Futa Commerce examination.

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