Post Utme Oau 2025 Commerce Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Oau Commerce examination.

Post Utme Oau 2025 Commerce Objective / Multiple Choice
Question 34 POST_UTME_OAU • 2025 • COMMERCE • objective

A sole trader's business is registered under the sole trade name of 'ABC Ltd.' Which of the following is a key characteristic of a sole trader's business?

Answer Options

A. Limited liability
Correct Answer B. Unlimited liability
C. Separate legal entity
D. No partnership
Correct Answer
B
Correct Option:
Unlimited liability

About This Question

This is Post Utme Oau 2025 Commerce Question 34. It is one of the objective questions from the 2025 Post Utme Oau Commerce examination.

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