Post Utme Uniben 2018 Commerce Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Uniben Commerce examination.

Post Utme Uniben 2018 Commerce Objective / Multiple Choice
Question 11 POST_UTME_UNIBEN • 2018 • COMMERCE • objective

A sole trader's business is characterized by which of the following?

Answer Options

A. Unlimited liability
B. Limited liability
C. Separate legal entity
Correct Answer D. No distinction between owner's and business assets
Correct Answer
D
Correct Option:
No distinction between owner's and business assets

About This Question

This is Post Utme Uniben 2018 Commerce Question 11. It is one of the objective questions from the 2018 Post Utme Uniben Commerce examination.

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