Post Utme Babcock University 2025 Commerce Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice

Question 26 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

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

Answer Options

A. The business is not liable for any debts or obligations.

B. The business is not entitled to any tax reliefs.

Correct Answer C. The business is not required to file annual returns.

D. The business is not entitled to any government contracts.

Correct Answer

Correct Option:

The business is not required to file annual returns.

About This Question

This is Post Utme Babcock University 2025 Commerce Question 26. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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