JAMB Commerce 2008 Objective — Question 10

Question 10 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2008 Objective paper, with the correct answer and a full explanation.

10. A proposed company may not be registered if

A. the name conflicts with that of anotherCorrect
B. it does not put "limited" after its proposed name
C. it has no paid-up capital
D. it has no asset of its own

Explanation

The Corporate Affairs Commission will not register a name if it conflicts with the name of another registered business.

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