Post Utme Madonna University 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2018 Commerce Objective / Multiple Choice
Question 2 POST_UTME_MADONNA_UNIVERSITY • 2018 • COMMERCE • objective

A sole trader is considering the purchase of a new business premises. The premises is currently occupied by a tenant who has a 5-year lease remaining. What type of risk is the sole trader exposed to?

Answer Options

A. Market Risk
B. Credit Risk
Correct Answer C. Leasehold Risk
D. Operational Risk
Correct Answer
C
Correct Option:
Leasehold Risk

About This Question

This is Post Utme Madonna University 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Madonna University Commerce examination.

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