Post Utme Mountain Top University 2017 Commerce Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2017 Commerce Objective / Multiple Choice

Question 37 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission (CAC). Which of the following is a consequence of this?

Answer Options

A. Loss of business assets

Correct Answer B. Inability to sue or be sued

C. No tax liability

D. No liability for business debts

Correct Answer

Correct Option:

Inability to sue or be sued

About This Question

This is Post Utme Mountain Top University 2017 Commerce Question 37. It is one of the objective questions from the 2017 Post Utme Mountain Top University Commerce examination.

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