Post Utme Elizade University 2017 Commerce Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2017 Commerce Objective / Multiple Choice

Question 18 POST_UTME_ELIZADE_UNIVERSITY • 2017 • COMMERCE • objective

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

Answer Options

A. The business is registered with the CAC

B. The business is owned by one person

Correct Answer C. The business is not registered with the CAC

D. The business is owned by two or more people

Correct Answer

Correct Option:

The business is not registered with the CAC

About This Question

This is Post Utme Elizade University 2017 Commerce Question 18. It is one of the objective questions from the 2017 Post Utme Elizade University Commerce examination.

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