Post Utme Rhema University 2025 Commerce Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2025 Commerce Objective / Multiple Choice
Question 1 POST_UTME_RHEMA_UNIVERSITY • 2025 • COMMERCE • objective

In a sole proprietorship, the owner's personal assets are

Answer Options

A. liable for business debts
B. exempt from business taxes
C. entitled to business profits
Correct Answer D. responsible for business liabilities
Correct Answer
D
Correct Option:
responsible for business liabilities

About This Question

This is Post Utme Rhema University 2025 Commerce Question 1. It is one of the objective questions from the 2025 Post Utme Rhema University Commerce examination.

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