Post Utme Redeemers University 2019 Commerce Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2019 Commerce Objective / Multiple Choice
Question 17 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader's business is affected by the following factors: market demand, competition, and government regulations. 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. Partnership
D. Company
Correct Answer
B
Correct Option:
Unlimited liability

About This Question

This is Post Utme Redeemers University 2019 Commerce Question 17. It is one of the objective questions from the 2019 Post Utme Redeemers University Commerce examination.

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