Post Utme Noun 2024 Commerce Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Noun Commerce examination.

Post Utme Noun 2024 Commerce Objective / Multiple Choice

Question 11 POST_UTME_NOUN • 2024 • COMMERCE • objective

In a sole trade business, the owner's personal assets are not protected from business liabilities. What is the primary reason for this?

A. Lack of separate business bank account

B. Insufficient business insurance

Correct Answer C. No distinction between personal and business finances

D. Inadequate business registration

Correct Answer

Correct Option:

No distinction between personal and business finances

This is Post Utme Noun 2024 Commerce Question 11. It is one of the objective questions from the 2024 Post Utme Noun Commerce examination.

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support