Post Utme Unilag 2019 Commerce Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Unilag Commerce examination.

Post Utme Unilag 2019 Commerce Objective / Multiple Choice

Question 36 POST_UTME_UNILAG • 2019 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. Which of the following is a characteristic of a sole trader?

Correct Answer A. The business is owned by one person

B. The business is owned by two or more people

C. The business is owned by the government

D. The business is owned by a company

Correct Answer

Correct Option:

The business is owned by one person

This is Post Utme Unilag 2019 Commerce Question 36. It is one of the objective questions from the 2019 Post Utme Unilag Commerce examination.

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