Post Utme Lautech 2020 Commerce Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Lautech Commerce examination.

Post Utme Lautech 2020 Commerce Objective / Multiple Choice
Question 1 POST_UTME_LAUTECH • 2020 • COMMERCE • objective

A sole trader's business is not registered under the Companies and Allied Matters Act (CAMA) 2020. What is the primary advantage of this business structure?

Answer Options

A. Limited liability
B. Unlimited liability
C. Separation of ownership and management
Correct Answer D. Flexibility in decision-making
Correct Answer
D
Correct Option:
Flexibility in decision-making

About This Question

This is Post Utme Lautech 2020 Commerce Question 1. It is one of the objective questions from the 2020 Post Utme Lautech Commerce examination.

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