Post Utme Igbinedion University 2024 Commerce Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2024 Commerce Objective / Multiple Choice
Question 37 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader's business is registered under the name 'ABC Ltd.' What is the legal implication of this?

Answer Options

A. The business is a partnership
Correct Answer B. The business is a company
C. The business is a sole trader
D. The business is a cooperative society
Correct Answer
B
Correct Option:
The business is a company

About This Question

This is Post Utme Igbinedion University 2024 Commerce Question 37. It is one of the objective questions from the 2024 Post Utme Igbinedion University Commerce examination.

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