Post Utme Unilag 2023 Commerce Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Unilag Commerce examination.

Post Utme Unilag 2023 Commerce Objective / Multiple Choice
Question 4 POST_UTME_UNILAG • 2023 • COMMERCE • objective

A company has a sole trader business structure. What is the primary disadvantage of this structure?

Answer Options

A. Limited liability for the owner
B. Easy to set up and maintain
C. Flexibility in decision-making
Correct Answer D. Unlimited personal liability for the owner
Correct Answer
D
Correct Option:
Unlimited personal liability for the owner

About This Question

This is Post Utme Unilag 2023 Commerce Question 4. It is one of the objective questions from the 2023 Post Utme Unilag Commerce examination.

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