Post Utme Osustech 2022 Commerce Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Osustech Commerce examination.

Post Utme Osustech 2022 Commerce Objective / Multiple Choice

Question 25 POST_UTME_OSUSTECH • 2022 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission (CAC). What is the primary disadvantage of this?

Answer Options

Correct Answer A. Limited liability

B. Separate legal entity

C. Increased credibility

D. Reduced tax liability

Correct Answer

Correct Option:

Limited liability

About This Question

This is Post Utme Osustech 2022 Commerce Question 25. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.

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