Post Utme Lead City University 2024 Commerce Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2024 Commerce Objective / Multiple Choice
Question 11 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • COMMERCE • objective

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

Answer Options

Correct Answer A. Limited liability protection
B. Easy access to capital
C. Simplified tax compliance
D. Enhanced business reputation
Correct Answer
A
Correct Option:
Limited liability protection

About This Question

This is Post Utme Lead City University 2024 Commerce Question 11. It is one of the objective questions from the 2024 Post Utme Lead City University Commerce examination.

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