Post Utme Lasu 2017 Commerce Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Lasu Commerce examination.

Post Utme Lasu 2017 Commerce Objective / Multiple Choice
Question 35 POST_UTME_LASU • 2017 • COMMERCE • objective

A sole trader's business is considered to be a separate legal entity from the owner. What is the main advantage of this separation?

Answer Options

A. Limited liability
Correct Answer B. Separation of ownership and control
C. Increased tax benefits
D. Improved management
Correct Answer
B
Correct Option:
Separation of ownership and control

About This Question

This is Post Utme Lasu 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Lasu Commerce examination.

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