Post Utme Ims U 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Ims U Commerce examination.

Post Utme Ims U 2020 Commerce Objective / Multiple Choice
Question 32 POST_UTME_IMS_U • 2020 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission (CAC). Which of the following is a consequence of this?

Answer Options

A. The business cannot be sued
B. The business cannot be taxed
Correct Answer C. The business cannot obtain a loan
D. The business cannot employ staff
Correct Answer
C
Correct Option:
The business cannot obtain a loan

About This Question

This is Post Utme Ims U 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Ims U Commerce examination.

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