Post Utme Nile University 2022 Commerce Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Nile University Commerce examination.

Post Utme Nile University 2022 Commerce Objective / Multiple Choice

Question 31 POST_UTME_NILE_UNIVERSITY • 2022 • COMMERCE • objective

A company has a sole trader business structure. What is the primary advantage of this structure?

Answer Options

A. Limited liability

B. Easy to set up

Correct Answer C. No need for formalities

D. No tax benefits

Correct Answer

Correct Option:

No need for formalities

About This Question

This is Post Utme Nile University 2022 Commerce Question 31. It is one of the objective questions from the 2022 Post Utme Nile University Commerce examination.

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