Post Utme Ksu 2022 Commerce Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Ksu Commerce examination.

Post Utme Ksu 2022 Commerce Objective / Multiple Choice
Question 29 POST_UTME_KSU • 2022 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. However, the owner's personal assets are not protected in case of business debts. What is the name of this type of business?

Answer Options

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

About This Question

This is Post Utme Ksu 2022 Commerce Question 29. It is one of the objective questions from the 2022 Post Utme Ksu Commerce examination.

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