Post Utme Oau 2018 Commerce Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Oau Commerce examination.

Post Utme Oau 2018 Commerce Objective / Multiple Choice

Question 39 POST_UTME_OAU • 2018 • COMMERCE • objective

A company is involved in international trade and has a contract with a foreign supplier. What is the implication of this on the company?

A. The company is not required to comply with local laws and regulations.

B. The company is not required to pay taxes on international transactions.

Correct Answer C. The company is liable to penalties for non-compliance with international trade laws.

D. The company is not required to have a business name.

Correct Answer

Correct Option:

The company is liable to penalties for non-compliance with international trade laws.

This is Post Utme Oau 2018 Commerce Question 39. It is one of the objective questions from the 2018 Post Utme Oau Commerce examination.

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