Post Utme Summit University 2021 Commerce Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Summit University Commerce examination.

Post Utme Summit University 2021 Commerce Objective / Multiple Choice

Question 28 POST_UTME_SUMMIT_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

A. Limited liability protection

B. Tax benefits

Correct Answer C. Increased credibility

D. Access to government contracts

Correct Answer

Correct Option:

Increased credibility

About This Question

This is Post Utme Summit University 2021 Commerce Question 28. It is one of the objective questions from the 2021 Post Utme Summit University Commerce examination.

View More Post Utme Summit University 2021 Commerce Questions More Post Utme Summit University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support