Post Utme Bowen University 2021 Commerce Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2021 Commerce Objective / Multiple Choice
Question 2 POST_UTME_BOWEN_UNIVERSITY • 2021 • COMMERCE • objective

A company is registered under the Companies and Allied Matters Act 2020 in Nigeria. What is the primary purpose of registering a company?

Answer Options

A. To obtain a business license
Correct Answer B. To limit the liability of its owners
C. To raise capital from investors
D. To establish a sole proprietorship
Correct Answer
B
Correct Option:
To limit the liability of its owners

About This Question

This is Post Utme Bowen University 2021 Commerce Question 2. It is one of the objective questions from the 2021 Post Utme Bowen University Commerce examination.

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