Post Utme Ui 2018 Commerce Question 1

Practice objective / multiple choice question 1 from the 2018 Post Utme Ui Commerce examination.

Post Utme Ui 2018 Commerce Objective / Multiple Choice

Question 1 POST_UTME_UI • 2018 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. What is the primary reason for this separation?

Correct Answer A. To protect the owner's personal assets from business liabilities

B. To allow the business to operate independently of the owner's personal life

C. To enable the business to enter into contracts without the owner's signature

D. To facilitate the transfer of ownership to another person

Correct Answer

Correct Option:

To protect the owner's personal assets from business liabilities

This is Post Utme Ui 2018 Commerce Question 1. It is one of the objective questions from the 2018 Post Utme Ui Commerce examination.

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