Post Utme Unilorin 2019 Commerce Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2019 Commerce Objective / Multiple Choice
Question 1 POST_UTME_UNILORIN • 2019 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission (CAC). Which of the following is a consequence of this?

Answer Options

A. The business cannot be sued in court.
Correct Answer B. The business cannot be taxed by the government.
C. The business cannot be registered with the National Industrial Court.
D. The business cannot be registered with the Nigerian Stock Exchange.
Correct Answer
B
Correct Option:
The business cannot be taxed by the government.

About This Question

This is Post Utme Unilorin 2019 Commerce Question 1. It is one of the objective questions from the 2019 Post Utme Unilorin Commerce examination.

View More Post Utme Unilorin 2019 Commerce Questions More Post Utme Unilorin 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