Post Utme Uniport 2023 Commerce Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 40 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A sole trader's business is registered under the sole trader's name. What is the primary advantage of this type of business registration?

Answer Options

A. Easy to set up
B. Low registration fees
Correct Answer C. Personal assets are protected
D. Business can be easily sold
Correct Answer
C
Correct Option:
Personal assets are protected

About This Question

This is Post Utme Uniport 2023 Commerce Question 40. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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