Post Utme Mountain Top University 2024 Commerce Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2024 Commerce Objective / Multiple Choice
Question 27 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader's business is registered with the Corporate Affairs Commission (CAC). What is the primary advantage of this registration?

Answer Options

A. Limited liability protection
B. Increased tax benefits
Correct Answer C. Improved business credibility
D. Simplified accounting requirements
Correct Answer
C
Correct Option:
Improved business credibility

About This Question

This is Post Utme Mountain Top University 2024 Commerce Question 27. It is one of the objective questions from the 2024 Post Utme Mountain Top University Commerce examination.

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