Post Utme Rhema University 2023 Commerce Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2023 Commerce Objective / Multiple Choice
Question 12 POST_UTME_RHEMA_UNIVERSITY • 2023 • 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 characteristic of this 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 Rhema University 2023 Commerce Question 12. It is one of the objective questions from the 2023 Post Utme Rhema University Commerce examination.

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