Post Utme Wellspring University 2021 Commerce Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2021 Commerce Objective / Multiple Choice
Question 1 POST_UTME_WELLSPRING_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

Correct Answer A. Separate legal entity
B. Unlimited liability
C. No separate legal entity
D. No unlimited liability
Correct Answer
A
Correct Option:
Separate legal entity

About This Question

This is Post Utme Wellspring University 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Wellspring University Commerce examination.

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