Post Utme Ksu 2023 Commerce Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Ksu Commerce examination.

Post Utme Ksu 2023 Commerce Objective / Multiple Choice

Question 22 POST_UTME_KSU • 2023 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission (CAC). What is the legal implication of this?

A. The business is not liable for any debts incurred

B. The business is not entitled to any tax relief

Correct Answer C. The business is not required to file annual returns

D. The business is not entitled to any government contracts

Correct Answer

Correct Option:

The business is not required to file annual returns

This is Post Utme Ksu 2023 Commerce Question 22. It is one of the objective questions from the 2023 Post Utme Ksu Commerce examination.

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