Post Utme Veritas University 2019 Commerce Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2019 Commerce Objective / Multiple Choice
Question 31 POST_UTME_VERITAS_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader's business is considered a separate legal entity from its owner. Which of the following is a characteristic of a sole trader's business?

Answer Options

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

About This Question

This is Post Utme Veritas University 2019 Commerce Question 31. It is one of the objective questions from the 2019 Post Utme Veritas University Commerce examination.

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