Post Utme Redeemers University 2025 Commerce Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2025 Commerce Objective / Multiple Choice
Question 12 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • COMMERCE • objective

A company is registered with the Corporate Affairs Commission (CAC) but has not commenced business. What is the implication of this on the company?

Answer Options

A. The company is not liable for any debts incurred.
B. The company is not entitled to limited liability.
C. The company is not required to file annual returns.
Correct Answer D. The company is not eligible for tax deductions.
Correct Answer
D
Correct Option:
The company is not eligible for tax deductions.

About This Question

This is Post Utme Redeemers University 2025 Commerce Question 12. It is one of the objective questions from the 2025 Post Utme Redeemers University Commerce examination.

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