Post Utme Delsu 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Delsu Commerce examination.

Post Utme Delsu 2020 Commerce Objective / Multiple Choice
Question 22 POST_UTME_DELSU • 2020 • COMMERCE • objective

A sole trader's business is registered with the Corporate Affairs Commission (CAC). What is the primary advantage of registering a sole trader's business?

Answer Options

A. It provides limited liability protection for the owner
Correct Answer B. It allows the business to operate under a different name
C. It provides tax benefits for the owner
D. It allows the business to issue shares to investors
Correct Answer
B
Correct Option:
It allows the business to operate under a different name

About This Question

This is Post Utme Delsu 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Delsu Commerce examination.

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