Post Utme Nile University 2020 Commerce Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Nile University Commerce examination.

Post Utme Nile University 2020 Commerce Objective / Multiple Choice
Question 31 POST_UTME_NILE_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. Which of the following is a benefit of registering the business under CAMA?

Answer Options

A. Limited liability
Correct Answer B. Increased credibility
C. Simplified tax compliance
D. Reduced regulatory requirements
Correct Answer
B
Correct Option:
Increased credibility

About This Question

This is Post Utme Nile University 2020 Commerce Question 31. It is one of the objective questions from the 2020 Post Utme Nile University Commerce examination.

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