Post Utme Uniport 2017 Commerce Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Uniport Commerce examination.

Post Utme Uniport 2017 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UNIPORT • 2017 • COMMERCE • objective

A sole trader's business is affected by the following factors: market demand, competition, government regulations, and technological advancements. Which of the following is a characteristic of a sole trader's business?

Answer Options

A. Limited liability
Correct Answer B. Unlimited liability
C. Separate legal entity
D. No partnership
Correct Answer
B
Correct Option:
Unlimited liability

About This Question

This is Post Utme Uniport 2017 Commerce Question 27. It is one of the objective questions from the 2017 Post Utme Uniport Commerce examination.

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