Post Utme Lead City University 2025 Commerce Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2025 Commerce Objective / Multiple Choice
Question 10 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader's business is affected by a natural disaster, resulting in a loss of ₦200,000. If the sole trader has a personal liability of ₦50,000, what is the amount of the loss that the sole trader must bear?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Lead City University 2025 Commerce Question 10. It is one of the objective questions from the 2025 Post Utme Lead City University Commerce examination.

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