Post Utme Bsu 2025 Commerce Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Bsu Commerce examination.

Post Utme Bsu 2025 Commerce Objective / Multiple Choice

Question 12 POST_UTME_BSU • 2025 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission (CAC). Which of the following is a consequence of this?

A. The business is not liable for its debts

B. The business cannot open a bank account

Correct Answer C. The business is not entitled to claim tax relief

D. The business is not required to file annual returns

Correct Answer

Correct Option:

The business is not entitled to claim tax relief

This is Post Utme Bsu 2025 Commerce Question 12. It is one of the objective questions from the 2025 Post Utme Bsu Commerce examination.

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