Post Utme Unilorin 2024 Commerce Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2024 Commerce Objective / Multiple Choice

Question 13 POST_UTME_UNILORIN • 2024 • COMMERCE • objective

A company is a type of business organization that is owned and operated by shareholders. What is the main advantage of a company?

Answer Options

A. The company has unlimited liability.

Correct Answer B. The company has limited liability.

C. The company has the ability to raise capital from investors.

D. The company has the ability to transfer ownership of the business.

Correct Answer

Correct Option:

The company has limited liability.

About This Question

This is Post Utme Unilorin 2024 Commerce Question 13. It is one of the objective questions from the 2024 Post Utme Unilorin Commerce examination.

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