Post Utme Lead City University 2020 Commerce Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2020 Commerce Objective / Multiple Choice
Question 17 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader's business is registered under the sole trader's name. Which of the following is a characteristic of a sole trader's business?

Answer Options

Correct Answer A. The business is registered under the sole trader's name
B. The business is registered under a company name
C. The business is owned by multiple individuals
D. The business is owned by a partnership
Correct Answer
A
Correct Option:
The business is registered under the sole trader's name

About This Question

This is Post Utme Lead City University 2020 Commerce Question 17. It is one of the objective questions from the 2020 Post Utme Lead City University Commerce examination.

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