Post Utme Uniport 2025 Commerce Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Uniport Commerce examination.

Post Utme Uniport 2025 Commerce Objective / Multiple Choice

Question 7 POST_UTME_UNIPORT • 2025 • COMMERCE • objective

A sole trader's business is not registered with the Corporate Affairs Commission (CAC). What is the implication of this?

Answer Options

A. The business is not liable for any debts incurred.

B. The business is not entitled to any tax relief.

Correct Answer C. The business is not required to file any returns with the CAC.

D. The business is not entitled to any government contracts.

Correct Answer

Correct Option:

The business is not required to file any returns with the CAC.

About This Question

This is Post Utme Uniport 2025 Commerce Question 7. It is one of the objective questions from the 2025 Post Utme Uniport Commerce examination.

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