Post Utme Ksu 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Ksu Commerce examination.

Post Utme Ksu 2023 Commerce Objective / Multiple Choice
Question 2 POST_UTME_KSU • 2023 • COMMERCE • objective

A sole trader is considering expanding their business by hiring employees. However, they are concerned about the potential increase in costs and the impact on their personal tax liability. What type of business structure would be most suitable for this scenario?

Answer Options

A. Partnership
Correct Answer B. Limited Company
C. Sole Trader
D. Cooperative
Correct Answer
B
Correct Option:
Limited Company

About This Question

This is Post Utme Ksu 2023 Commerce Question 2. It is one of the objective questions from the 2023 Post Utme Ksu Commerce examination.

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