Post Utme Al Hikmah University 2017 Commerce Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2017 Commerce Objective / Multiple Choice
Question 12 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission. What is the legal implication of this?

Answer Options

A. The business is not liable for its debts
B. The business is not entitled to claim tax relief
C. The business is not required to file annual returns
Correct Answer D. The business is not entitled to use the company name
Correct Answer
D
Correct Option:
The business is not entitled to use the company name

About This Question

This is Post Utme Al Hikmah University 2017 Commerce Question 12. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Commerce examination.

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