Post Utme Aaua 2020 Commerce Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Aaua Commerce examination.

Post Utme Aaua 2020 Commerce Objective / Multiple Choice
Question 13 POST_UTME_AAUA • 2020 • COMMERCE • objective

A sole trader's business is registered under the name 'ABC Ltd'. What is the legal implication of this?

Answer Options

A. The business is now a partnership
B. The business is now a private company
Correct Answer C. The business is still a sole trader
D. The business is now a public company
Correct Answer
C
Correct Option:
The business is still a sole trader

About This Question

This is Post Utme Aaua 2020 Commerce Question 13. It is one of the objective questions from the 2020 Post Utme Aaua Commerce examination.

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