Post Utme Uniben 2022 Commerce Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Uniben Commerce examination.

Post Utme Uniben 2022 Commerce Objective / Multiple Choice
Question 29 POST_UTME_UNIBEN • 2022 • COMMERCE • objective

A sole trader is a type of business organization that is owned and managed by one person, and is responsible for all the risks and profits of the business. This is an example of a _______ business unit.

Answer Options

A. Partnership
B. Company
Correct Answer C. Sole Trader
D. Cooperative
Correct Answer
C
Correct Option:
Sole Trader

About This Question

This is Post Utme Uniben 2022 Commerce Question 29. It is one of the objective questions from the 2022 Post Utme Uniben Commerce examination.

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