JAMB Commerce 2025 Objective — Question 4
Question 4 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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A distinguishing characteristic of a limited liability company is that it:
- A. is a collection of many sole proprietors
- B. is a multiple partnership
- C. can sue and be suedCorrect
- D. has limited resources
Explanation
A limited liability company is an artificial legal person that can sue and be sued in its own name, separate from its owners.
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