Post Utme Babcock University 2025 Commerce Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 16 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

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

Answer Options

A. The sole trader is not liable for any business debts.
B. The sole trader is not entitled to any business benefits.
C. The sole trader is not required to file tax returns.
Correct Answer D. The sole trader is not protected by the Companies and Allied Matters Act (CAMA).
Correct Answer
D
Correct Option:
The sole trader is not protected by the Companies and Allied Matters Act (CAMA).

About This Question

This is Post Utme Babcock University 2025 Commerce Question 16. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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