Post Utme Uniben 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Uniben Commerce examination.

Post Utme Uniben 2020 Commerce Objective / Multiple Choice
Question 32 POST_UTME_UNIBEN • 2020 • COMMERCE • objective

What is the main difference between a sole trader and a partnership in terms of liability?

Answer Options

A. Partners have unlimited liability
B. Partners have limited liability
C. Sole traders have unlimited liability
Correct Answer D. Sole traders have limited liability
Correct Answer
D
Correct Option:
Sole traders have limited liability

About This Question

This is Post Utme Uniben 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Uniben Commerce examination.

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