Post Utme Joseph Ayo Babalola University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. Which of the following is a requirement for registration under CAMA?

Answer Options

A. Minimum share capital of ₦1,000,000
Correct Answer B. Minimum share capital of ₦100,000
C. Minimum share capital of ₦500,000
D. Minimum share capital of ₦200,000
Correct Answer
B
Correct Option:
Minimum share capital of ₦100,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Commerce examination.

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