Post Utme Joseph Ayo Babalola University 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2021 Commerce Objective / Multiple Choice
Question 36 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act 2020. What is the primary advantage of this registration?

Answer Options

A. Limited liability
B. Separate legal entity
Correct Answer C. Increased credibility
D. Reduced tax liability
Correct Answer
C
Correct Option:
Increased credibility

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Commerce Question 36. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Commerce examination.

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