Post Utme Madonna University 2023 Commerce Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2023 Commerce Objective / Multiple Choice
Question 24 POST_UTME_MADONNA_UNIVERSITY • 2023 • COMMERCE • objective

A company is registered under the Companies and Allied Matters Act (CAMA) 2020. Which of the following is a characteristic of a company?

Answer Options

A. Limited liability
B. Unlimited liability
Correct Answer C. Separate legal entity
D. No partnership
Correct Answer
C
Correct Option:
Separate legal entity

About This Question

This is Post Utme Madonna University 2023 Commerce Question 24. It is one of the objective questions from the 2023 Post Utme Madonna University Commerce examination.

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