Post Utme Bells University 2017 Commerce Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Bells University Commerce examination.

Post Utme Bells University 2017 Commerce Objective / Multiple Choice
Question 1 POST_UTME_BELLS_UNIVERSITY • 2017 • 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 a sole trader's business under CAMA?

Answer Options

A. Limited liability protection
B. Increased tax benefits
Correct Answer C. Simplified registration process
D. Enhanced business credibility
Correct Answer
C
Correct Option:
Simplified registration process

About This Question

This is Post Utme Bells University 2017 Commerce Question 1. It is one of the objective questions from the 2017 Post Utme Bells University Commerce examination.

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