Post Utme Uniosun 2023 Commerce Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2023 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UNIOSUN • 2023 • COMMERCE • objective

A sole trader is considering the formation of a partnership. What are the primary advantages of forming a partnership?

Answer Options

A. Increased capital and improved risk management
Correct Answer B. Improved decision-making and reduced administrative costs
C. Increased tax liabilities and reduced personal liability
D. Reduced capital and improved personal liability
Correct Answer
B
Correct Option:
Improved decision-making and reduced administrative costs

About This Question

This is Post Utme Uniosun 2023 Commerce Question 12. It is one of the objective questions from the 2023 Post Utme Uniosun Commerce examination.

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