Post Utme Uniosun 2025 Commerce Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2025 Commerce Objective / Multiple Choice
Question 11 POST_UTME_UNIOSUN • 2025 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. Which of the following is a characteristic of a sole trader's business?

Answer Options

Correct Answer A. The business is owned by one person.
B. The business is owned by multiple people.
C. The business is a partnership.
D. The business is a company.
Correct Answer
A
Correct Option:
The business is owned by one person.

About This Question

This is Post Utme Uniosun 2025 Commerce Question 11. It is one of the objective questions from the 2025 Post Utme Uniosun Commerce examination.

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