Post Utme Lasu 2024 Commerce Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Lasu Commerce examination.

Post Utme Lasu 2024 Commerce Objective / Multiple Choice
Question 36 POST_UTME_LASU • 2024 • COMMERCE • objective

A sole trader's business is registered as a sole proprietorship. What is the primary advantage of this business structure?

Answer Options

A. Limited liability
B. Unlimited liability
Correct Answer C. Easy to set up
D. No tax benefits
Correct Answer
C
Correct Option:
Easy to set up

About This Question

This is Post Utme Lasu 2024 Commerce Question 36. It is one of the objective questions from the 2024 Post Utme Lasu Commerce examination.

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