Post Utme Summit University 2020 Commerce Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Summit University Commerce examination.

Post Utme Summit University 2020 Commerce Objective / Multiple Choice

Question 26 POST_UTME_SUMMIT_UNIVERSITY • 2020 • COMMERCE • objective

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

Answer Options

Correct Answer A. liable for business debts

B. not liable for business debts

C. liable for business profits

D. not liable for business losses

Correct Answer

Correct Option:

liable for business debts

About This Question

This is Post Utme Summit University 2020 Commerce Question 26. It is one of the objective questions from the 2020 Post Utme Summit University Commerce examination.

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