Post Utme Wellspring University 2019 Commerce Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2019 Commerce Objective / Multiple Choice
Question 32 POST_UTME_WELLSPRING_UNIVERSITY • 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 sole trader cannot sue or be sued
Correct Answer B. The sole trader's business is not recognized by the government
C. The sole trader cannot obtain a loan from a bank
D. The sole trader's business is not taxed
Correct Answer
B
Correct Option:
The sole trader's business is not recognized by the government

About This Question

This is Post Utme Wellspring University 2019 Commerce Question 32. It is one of the objective questions from the 2019 Post Utme Wellspring University Commerce examination.

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