Post Utme Christopher University 2025 Commerce Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2025 Commerce Objective / Multiple Choice

Question 1 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • COMMERCE • objective

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

Answer Options

A. The sole trader is exempt from paying taxes.

B. The sole trader is not liable for any business debts.

Correct Answer C. The sole trader's business is not recognized by law.

D. The sole trader is not required to keep business records.

Correct Answer

Correct Option:

The sole trader's business is not recognized by law.

About This Question

This is Post Utme Christopher University 2025 Commerce Question 1. It is one of the objective questions from the 2025 Post Utme Christopher University Commerce examination.

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