Post Utme Unn 2024 Commerce Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Unn Commerce examination.

Post Utme Unn 2024 Commerce Objective / Multiple Choice
Question 31 POST_UTME_UNN • 2024 • COMMERCE • objective

A sole trader's business is characterized by the following features: unlimited liability, complete control, and unlimited capacity to contract. Which of the following is NOT a characteristic of a sole trader?

Answer Options

A. Unlimited liability
B. Complete control
C. Unlimited capacity to contract
Correct Answer D. Separate legal entity
Correct Answer
D
Correct Option:
Separate legal entity

About This Question

This is Post Utme Unn 2024 Commerce Question 31. It is one of the objective questions from the 2024 Post Utme Unn Commerce examination.

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