Post Utme Veritas University 2021 Commerce Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2021 Commerce Objective / Multiple Choice
Question 40 POST_UTME_VERITAS_UNIVERSITY • 2021 • COMMERCE • objective

A company's sole trader is responsible for all the profits and losses of the business. What is the name of this type of business?

Answer Options

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

About This Question

This is Post Utme Veritas University 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Veritas University Commerce examination.

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