Post Utme Babcock University 2025 Commerce Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 20 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

A company's Memorandum and Articles of Association are registered with the Corporate Affairs Commission (CAC). What is the legal implication of this?

Answer Options

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

About This Question

This is Post Utme Babcock University 2025 Commerce Question 20. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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