Post Utme Joseph Ayo Babalola University 2018 Commerce Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2018 Commerce Objective / Multiple Choice
Question 39 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • COMMERCE • objective

A firm is considering two different business units: a sole trade and a company. Which business unit is more likely to result in higher tax liabilities?

Answer Options

A. The sole trade
Correct Answer B. The company
C. Both business units are equally likely to result in higher tax liabilities
D. Neither business unit is likely to result in higher tax liabilities
Correct Answer
B
Correct Option:
The company

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Commerce Question 39. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

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