A proposed company may not be registered if?

Commerce

JAMB 2008

A. the name conficits with that of another
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

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Correct Answer: Option 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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