Post Utme Nile University 2021 Commerce Question 6

Practice objective / multiple choice question 6 from the 2021 Post Utme Nile University Commerce examination.

Post Utme Nile University 2021 Commerce Objective / Multiple Choice
Question 6 POST_UTME_NILE_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

A. The sole trader must have a minimum of two directors.
Correct Answer B. The sole trader must have a minimum of one director.
C. The sole trader must have a minimum of three directors.
D. The sole trader must have a minimum of four directors.
Correct Answer
B
Correct Option:
The sole trader must have a minimum of one director.

About This Question

This is Post Utme Nile University 2021 Commerce Question 6. It is one of the objective questions from the 2021 Post Utme Nile University Commerce examination.

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