Post Utme Oau 2022 Commerce Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Oau Commerce examination.

Post Utme Oau 2022 Commerce Objective / Multiple Choice
Question 36 POST_UTME_OAU • 2022 • COMMERCE • objective

In a sole trade business, the owner's personal assets are not protected from business liabilities. Which of the following is a characteristic of a sole trade business?

Answer Options

A. Separate legal entity
Correct Answer B. Unlimited liability
C. Partnership
D. Limited liability
Correct Answer
B
Correct Option:
Unlimited liability

About This Question

This is Post Utme Oau 2022 Commerce Question 36. It is one of the objective questions from the 2022 Post Utme Oau Commerce examination.

Master the Exam!

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