Post Utme Mountain Top University 2018 Commerce Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2018 Commerce Objective / Multiple Choice
Question 16 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • COMMERCE • objective

In a sole proprietorship, the owner's personal assets are not protected from business liabilities. What is the term for this type of business structure?

Answer Options

Correct Answer A. Sole Proprietorship
B. Partnership
C. Limited Liability Company
D. Corporation
Correct Answer
A
Correct Option:
Sole Proprietorship

About This Question

This is Post Utme Mountain Top University 2018 Commerce Question 16. It is one of the objective questions from the 2018 Post Utme Mountain Top University Commerce examination.

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