Post Utme Oau 2024 Commerce Question 1

Practice objective / multiple choice question 1 from the 2024 Post Utme Oau Commerce examination.

Post Utme Oau 2024 Commerce Objective / Multiple Choice

Question 1 POST_UTME_OAU • 2024 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. Which of the following is a characteristic of a sole trader?

A. Unlimited liability

B. Limited liability

C. Separate legal entity

Correct Answer D. No distinction between personal and business finances

Correct Answer

Correct Option:

No distinction between personal and business finances

This is Post Utme Oau 2024 Commerce Question 1. It is one of the objective questions from the 2024 Post Utme Oau Commerce examination.

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