Post Utme Ui 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Ui Commerce examination.

Post Utme Ui 2022 Commerce Objective / Multiple Choice

Question 11 POST_UTME_UI • 2022 • 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 limit the owner's personal liability

B. To simplify tax compliance

C. To increase the business's creditworthiness

D. To reduce the owner's control over the business

Correct Answer

Correct Option:

To limit the owner's personal liability

This is Post Utme Ui 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Ui Commerce examination.

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