Post Utme Ui 2023 Commerce Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Ui Commerce examination.

Post Utme Ui 2023 Commerce Objective / Multiple Choice
Question 29 POST_UTME_UI • 2023 • COMMERCE • objective

A company is a type of business organization that is owned by shareholders and managed by a board of directors. What is the main advantage of a company compared to a sole trader?

Answer Options

Correct Answer A. Limited liability
B. Unlimited liability
C. Easy to set up
D. High profit margins
Correct Answer
A
Correct Option:
Limited liability

About This Question

This is Post Utme Ui 2023 Commerce Question 29. It is one of the objective questions from the 2023 Post Utme Ui Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support