Post Utme Greenfield University 2021 Commerce Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2021 Commerce Objective / Multiple Choice
Question 1 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

Correct Answer A. liable for business debts
B. liable for business debts and personal assets
C. not liable for business debts
D. liable for business debts and personal assets, but can be sued separately
Correct Answer
A
Correct Option:
liable for business debts

About This Question

This is Post Utme Greenfield University 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Greenfield University Commerce examination.

View More Post Utme Greenfield University 2021 Commerce Questions More Post Utme Greenfield University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support