Post Utme Veritas University 2019 Commerce Question 6

Practice objective / multiple choice question 6 from the 2019 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2019 Commerce Objective / Multiple Choice
Question 6 POST_UTME_VERITAS_UNIVERSITY • 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
B
Correct Option:
Unlimited liability

About This Question

This is Post Utme Veritas University 2019 Commerce Question 6. It is one of the objective questions from the 2019 Post Utme Veritas University Commerce examination.

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