Post Utme Rhema University 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_RHEMA_UNIVERSITY • 2023 • COMMERCE • objective

A company is a type of business ownership where multiple people own and operate the business. Which of the following is a characteristic of a company?

Answer Options

A. The business is owned and operated by one person
Correct Answer B. The business is owned and operated by multiple people
C. The business is owned by one person, but operated by multiple people
D. The business is owned and operated by a partnership of two or more people
Correct Answer
B
Correct Option:
The business is owned and operated by multiple people

About This Question

This is Post Utme Rhema University 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Rhema University Commerce examination.

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