Post Utme Igbinedion University 2024 Commerce Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2024 Commerce Objective / Multiple Choice
Question 16 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. Which of the following is a characteristic of a sole trader's business?

Answer Options

A. Unlimited liability
B. Separate legal entity
C. No partnership
Correct Answer D. No limited liability
Correct Answer
D
Correct Option:
No limited liability

About This Question

This is Post Utme Igbinedion University 2024 Commerce Question 16. It is one of the objective questions from the 2024 Post Utme Igbinedion University Commerce examination.

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