Post Utme Rhema University 2019 Commerce Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2019 Commerce Objective / Multiple Choice
Question 33 POST_UTME_RHEMA_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader's business is registered under the Companies and Allied Matters Act (CAMA) 2020. What is the primary advantage of registering under CAMA?

Answer Options

A. Limited liability
Correct Answer B. Increased credibility
C. Simplified tax compliance
D. No requirement for annual returns
Correct Answer
B
Correct Option:
Increased credibility

About This Question

This is Post Utme Rhema University 2019 Commerce Question 33. It is one of the objective questions from the 2019 Post Utme Rhema University Commerce examination.

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