Post Utme Lasu 2018 Commerce Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Lasu Commerce examination.

Post Utme Lasu 2018 Commerce Objective / Multiple Choice
Question 12 POST_UTME_LASU • 2018 • COMMERCE • objective

A sole trader's business is registered under the sole trader's name. What is the main advantage of this type of business registration?

Answer Options

Correct Answer A. It is easy to set up
B. It is cheap to maintain
C. It provides limited liability protection
D. It allows for easy transfer of ownership
Correct Answer
A
Correct Option:
It is easy to set up

About This Question

This is Post Utme Lasu 2018 Commerce Question 12. It is one of the objective questions from the 2018 Post Utme Lasu Commerce examination.

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