Post Utme Ksu 2017 Commerce Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 36 POST_UTME_KSU • 2017 • COMMERCE • objective

In a sole trade business, what is the primary advantage of using a sole trader's personal assets to finance the business?

Answer Options

A. Increased risk of personal liability
B. Improved cash flow management
C. Enhanced business credibility
Correct Answer D. Reduced tax liability
Correct Answer
D
Correct Option:
Reduced tax liability

About This Question

This is Post Utme Ksu 2017 Commerce Question 36. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

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