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A proposed company may not be registered if?

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Commerce JAMB 2008

A proposed company may not be registered if?

  • the name conficits with that of another checkmark
  • it does not put 'limited' after its proposed name
  • it has no paid-up capital
  • it has no asset of its own

The correct answer is: A

Explanation

One of the criteria for getting your business name registered by the corporate affairs commission is that it must be a unique and distinct name, different from an already existing business name. This means that whatever name you choose, must not conflict with that of another.

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