Post Utme Achievers University 2025 Commerce Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2025 Commerce Objective / Multiple Choice
Question 6 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. What is the primary advantage of registering under CAMA?

Answer Options

A. Limited liability
Correct Answer B. Separate legal entity
C. Easier to raise capital
D. Simplified tax compliance
Correct Answer
B
Correct Option:
Separate legal entity

About This Question

This is Post Utme Achievers University 2025 Commerce Question 6. It is one of the objective questions from the 2025 Post Utme Achievers University Commerce examination.

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