Post Utme Elizade University 2025 Commerce Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2025 Commerce Objective / Multiple Choice
Question 37 POST_UTME_ELIZADE_UNIVERSITY • 2025 • COMMERCE • objective

A company is registered under the Companies and Allied Matters Act (CAMA) 2020. Which of the following is a characteristic of a company?

Answer Options

A. The business is owned by one person.
Correct Answer B. The business is owned by two or more people.
C. The business is owned by the government.
D. The business is owned by a group of investors.
Correct Answer
B
Correct Option:
The business is owned by two or more people.

About This Question

This is Post Utme Elizade University 2025 Commerce Question 37. It is one of the objective questions from the 2025 Post Utme Elizade University Commerce examination.

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