Post Utme Uniport 2022 Commerce Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Uniport Commerce examination.

Post Utme Uniport 2022 Commerce Objective / Multiple Choice

Question 28 POST_UTME_UNIPORT • 2022 • 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 obtain a loan from a bank

C. The business is not required to pay taxes

D. The business cannot employ staff

Correct Answer

Correct Option:

The business cannot obtain a loan from a bank

About This Question

This is Post Utme Uniport 2022 Commerce Question 28. It is one of the objective questions from the 2022 Post Utme Uniport Commerce examination.

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