Post Utme Futo 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Futo Commerce examination.

Post Utme Futo 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_FUTO • 2017 • COMMERCE • objective

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

Answer Options

A. Unlimited liability
B. Limited liability
Correct Answer C. Separate legal entity
D. No partnership
Correct Answer
C
Correct Option:
Separate legal entity

About This Question

This is Post Utme Futo 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Futo Commerce examination.

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