Post Utme Unn 2017 Commerce Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Unn Commerce examination.

Post Utme Unn 2017 Commerce Objective / Multiple Choice
Question 16 POST_UTME_UNN • 2017 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. However, the owner's personal assets are not protected in case of business debts. What is the name of this type of business?

Answer Options

Correct Answer A. Sole Trader
B. Partnership
C. Limited Liability Company
D. Cooperative
Correct Answer
A
Correct Option:
Sole Trader

About This Question

This is Post Utme Unn 2017 Commerce Question 16. It is one of the objective questions from the 2017 Post Utme Unn Commerce examination.

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