Post Utme Osustech 2020 Commerce Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Osustech Commerce examination.

Post Utme Osustech 2020 Commerce Objective / Multiple Choice

Question 14 POST_UTME_OSUSTECH • 2020 • COMMERCE • objective

A sole trader is considering the expansion of their business. Which of the following is a key advantage of incorporating as a limited company?

Answer Options

A. Increased tax liability

Correct Answer B. Reduced liability for business debts

C. Improved access to capital

D. Simplified accounting requirements

Correct Answer

Correct Option:

Reduced liability for business debts

About This Question

This is Post Utme Osustech 2020 Commerce Question 14. It is one of the objective questions from the 2020 Post Utme Osustech Commerce examination.

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