Post Utme Uniben 2020 Commerce Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Uniben Commerce examination.

Post Utme Uniben 2020 Commerce Objective / Multiple Choice

Question 7 POST_UTME_UNIBEN • 2020 • COMMERCE • objective

A company's Memorandum and Articles of Association are not registered with the Corporate Affairs Commission (CAC). What is the legal implication of this?

A. The company is not entitled to issue share certificates.

Correct Answer B. The company is not entitled to sue or be sued in its own name.

C. The company is not entitled to limited liability.

D. The company is not entitled to pay taxes.

Correct Answer

Correct Option:

The company is not entitled to sue or be sued in its own name.

This is Post Utme Uniben 2020 Commerce Question 7. It is one of the objective questions from the 2020 Post Utme Uniben Commerce examination.

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