Post Utme Unn 2018 Commerce Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Unn Commerce examination.

Post Utme Unn 2018 Commerce Objective / Multiple Choice

Question 12 POST_UTME_UNN • 2018 • COMMERCE • objective

A sole trader's business is registered as 'John Doe' at the Corporate Affairs Commission (CAC). Which of the following is a benefit of registering a business as a sole trader?

A. It provides limited liability protection for the owner.

B. It allows for easy transfer of ownership.

C. It provides tax benefits for the owner.

Correct Answer D. It is a simple and inexpensive way to start a business.

Correct Answer

Correct Option:

It is a simple and inexpensive way to start a business.

This is Post Utme Unn 2018 Commerce Question 12. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.

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