Post Utme Osustech 2022 Commerce Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Osustech Commerce examination.

Post Utme Osustech 2022 Commerce Objective / Multiple Choice
Question 22 POST_UTME_OSUSTECH • 2022 • COMMERCE • objective

A sole trader's business is registered with the Corporate Affairs Commission (CAC). What is the primary advantage of this registration?

Answer Options

A. Limited liability
Correct Answer B. Separate legal entity
C. Increased credibility
D. Reduced tax liability
Correct Answer
B
Correct Option:
Separate legal entity

About This Question

This is Post Utme Osustech 2022 Commerce Question 22. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.

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