Post Utme Uniosun 2023 Commerce Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2023 Commerce Objective / Multiple Choice
Question 15 POST_UTME_UNIOSUN • 2023 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Post Utme Uniosun 2023 Commerce Question 15. It is one of the objective questions from the 2023 Post Utme Uniosun Commerce examination.

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