Post Utme Futa 2020 Commerce Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Futa Commerce examination.

Post Utme Futa 2020 Commerce Objective / Multiple Choice

Question 40 POST_UTME_FUTA • 2020 • COMMERCE • objective

A company is considering setting up a new business unit. Which of the following is a characteristic of a sole trader business unit?

Correct Answer A. A sole trader business unit is owned by a single individual

B. A sole trader business unit is owned by a partnership of individuals

C. A sole trader business unit is owned by a company

D. A sole trader business unit is owned by a government agency

Correct Answer

Correct Option:

A sole trader business unit is owned by a single individual

This is Post Utme Futa 2020 Commerce Question 40. It is one of the objective questions from the 2020 Post Utme Futa Commerce examination.

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