Post Utme Unilag 2019 Commerce Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Unilag Commerce examination.

Post Utme Unilag 2019 Commerce Objective / Multiple Choice
Question 26 POST_UTME_UNILAG • 2019 • COMMERCE • objective

A sole trader's business is registered as a partnership. What is the legal consequence of this action?

Answer Options

A. The business is now a limited company.
B. The business is now a public company.
C. The business is still a sole trader, but with a new name.
Correct Answer D. The business is now a partnership, but with a new name.
Correct Answer
D
Correct Option:
The business is now a partnership, but with a new name.

About This Question

This is Post Utme Unilag 2019 Commerce Question 26. It is one of the objective questions from the 2019 Post Utme Unilag Commerce examination.

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