Post Utme Skyline University 2017 Commerce Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2017 Commerce Objective / Multiple Choice
Question 17 POST_UTME_SKYLINE_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader's business is registered under the name 'XYZ Limited'. Which of the following is a consequence of this registration?

Answer Options

A. The business is now a partnership.
B. The business is now a private company.
C. The business is now a public company.
Correct Answer D. The business is now a sole trader.
Correct Answer
D
Correct Option:
The business is now a sole trader.

About This Question

This is Post Utme Skyline University 2017 Commerce Question 17. It is one of the objective questions from the 2017 Post Utme Skyline University Commerce examination.

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