Post Utme Lasu 2020 Commerce Question 6

Practice objective / multiple choice question 6 from the 2020 Post Utme Lasu Commerce examination.

Post Utme Lasu 2020 Commerce Objective / Multiple Choice
Question 6 POST_UTME_LASU • 2020 • COMMERCE • objective

In a sole proprietorship business, the owner's personal assets are protected from business liabilities through a legal concept known as _______.

Answer Options

A. Separate Entity
Correct Answer B. Limited Liability
C. Joint Venture
D. Partnership
Correct Answer
B
Correct Option:
Limited Liability

About This Question

This is Post Utme Lasu 2020 Commerce Question 6. It is one of the objective questions from the 2020 Post Utme Lasu Commerce examination.

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