Post Utme Igbinedion University 2024 Commerce Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2024 Commerce Objective / Multiple Choice
Question 26 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader's business is registered with the Corporate Affairs Commission (CAC) for a period of five years. The registration fee is ₦5,000. If the sole trader decides to renew the registration for another five years, what is the total amount paid to the CAC?

Answer Options

A. ₦10,000
Correct Answer B. ₦15,000
C. ₦20,000
D. ₦25,000
Correct Answer
B
Correct Option:
₦15,000

About This Question

This is Post Utme Igbinedion University 2024 Commerce Question 26. It is one of the objective questions from the 2024 Post Utme Igbinedion University Commerce examination.

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