Post Utme Skyline University 2021 Commerce Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2021 Commerce Objective / Multiple Choice
Question 12 POST_UTME_SKYLINE_UNIVERSITY • 2021 • 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 Skyline University 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Skyline University Commerce examination.

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