Post Utme Nile University 2021 Commerce Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Nile University Commerce examination.

Post Utme Nile University 2021 Commerce Objective / Multiple Choice
Question 5 POST_UTME_NILE_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader business is considering the use of a limited company structure. What is the primary advantage of using a limited company structure?

Answer Options

Correct Answer A. Limited liability
B. Easy to set up
C. Flexibility in decision-making
D. No tax implications
Correct Answer
A
Correct Option:
Limited liability

About This Question

This is Post Utme Nile University 2021 Commerce Question 5. It is one of the objective questions from the 2021 Post Utme Nile University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support