Post Utme Bsu 2021 Commerce Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Bsu Commerce examination.

Post Utme Bsu 2021 Commerce Objective / Multiple Choice
Question 27 POST_UTME_BSU • 2021 • COMMERCE • objective

A company's Memorandum and Articles of Association are not filed with the Corporate Affairs Commission (CAC). What is the legal implication of this?

Answer Options

A. The company is not entitled to limited liability.
B. The company is not required to file annual returns.
C. The company is not eligible for tax deductions.
Correct Answer D. The company is not subject to regulatory oversight.
Correct Answer
D
Correct Option:
The company is not subject to regulatory oversight.

About This Question

This is Post Utme Bsu 2021 Commerce Question 27. It is one of the objective questions from the 2021 Post Utme Bsu Commerce examination.

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