Post Utme Futo 2022 Commerce Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Futo Commerce examination.

Post Utme Futo 2022 Commerce Objective / Multiple Choice
Question 12 POST_UTME_FUTO • 2022 • COMMERCE • objective

A company's sole trader is responsible for all the profits and losses of the business. What is the name of this type of business?

Answer Options

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

About This Question

This is Post Utme Futo 2022 Commerce Question 12. It is one of the objective questions from the 2022 Post Utme Futo Commerce examination.

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