Post Utme Uniport 2023 Commerce Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 30 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A company's sole trader has been sued for breach of contract. The court has ruled that the company must pay damages to the plaintiff. However, the company's sole trader has no assets to pay the damages. What is the most likely outcome?

Answer Options

A. The company's sole trader will be declared bankrupt.
B. The company's sole trader will be sued again for the same breach of contract.
Correct Answer C. The company's sole trader will be required to pay the damages from future earnings.
D. The company's sole trader will be exempt from paying damages.
Correct Answer
C
Correct Option:
The company's sole trader will be required to pay the damages from future earnings.

About This Question

This is Post Utme Uniport 2023 Commerce Question 30. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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