Post Utme Uniport 2019 Commerce Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Uniport Commerce examination.

Post Utme Uniport 2019 Commerce Objective / Multiple Choice

Question 36 POST_UTME_UNIPORT • 2019 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. Which of the following is a characteristic of a sole trader?

Answer Options

A. Limited liability

Correct Answer B. Unlimited liability

C. Separate legal entity

D. No partnership

Correct Answer

Correct Option:

Unlimited liability

About This Question

This is Post Utme Uniport 2019 Commerce Question 36. It is one of the objective questions from the 2019 Post Utme Uniport Commerce examination.

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