Post Utme Igbinedion University 2021 Commerce Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2021 Commerce Objective / Multiple Choice

Question 16 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. What is the primary advantage of registering under CAMA?

Answer Options

A. Limited liability

Correct Answer B. Increased credibility

C. Simplified tax compliance

D. Enhanced business growth

Correct Answer

Correct Option:

Increased credibility

About This Question

This is Post Utme Igbinedion University 2021 Commerce Question 16. It is one of the objective questions from the 2021 Post Utme Igbinedion University Commerce examination.

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