First Year Principles of Commerce Chapter 3 Online MCQ Test for 1st Year Principles of Commerce Chapter 3 (Sole Tradership)

This online test contains MCQs about following topics:

Introduction and definiation . Characteristics of sole tradership . Merits of sole tradership . Demerits of sole tradreship . Suggestions to promote sole tradership

ICOM Part 1 Commerce Ch. 3 Test
ic

MCQ's Test For Chapter 3 "Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test"

Try The MCQ's Test For Chapter 3 "Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test

00:00
Question # 1

Relation of the owner/principal with the workers and consumers in sole proprietorship are:

Question # 2

Sole proprietor's is generally carried on:

Question # 3

The life of tradership is:

Question # 4

In sole tradership, the derisions are held

Question # 5

The participants in sole tradership is/are:

Question # 6

Sole proprietorship is:

Question # 7

Transfer of sole proprietorship:

Question # 8

In sole tradership, the responsibility of loss is on:

Question # 9

The sole tradership is a business organization of

Question # 10

In sole tradership, the responsibility of loss is on

Question # 11

Who provides capital in sole proprietorship:

Question # 12

A sole proprietor may expand his business by

Question # 13

A sole proprietor forms his business after

Question # 14

The sole tradership is a business organization:

Question # 15

The decisions of sole trade ship depend on:

Prepare Complete Set Wise Chapter 3 "Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test" MCQs Online With Answers


Topic Test

00:00

11th Principles of Commerce Chapter 3 Test

Here you can prepare 11th Principles of Commerce English Medium Chapter 3 Sole Tradership Test. Click the button for 100% free full practice test.

Top Scorers Of Chapter 3 "Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test" MCQ`s Test

  • H
    Hasnain Asif 30 - Dec - 2024 00 Min 05 Sec 15/15
  • M
    M.Faizan M.Bakhsh 20 - Apr - 2024 00 Min 48 Sec 15/15
  • S
    Sawera Ali 15 - Oct - 2024 01 Min 01 Sec 15/15
  • U
    Usva Azam 28 - Jun - 2024 01 Min 03 Sec 15/15
  • H
    hamza shuja 18 - Jul - 2024 01 Min 09 Sec 15/15
  • A
    Arham Khan 08 - Jun - 2024 01 Min 09 Sec 15/15
  • Z
    Zafar Ali 01 - Jun - 2024 01 Min 10 Sec 15/15
  • F
    flames love 26 - Sep - 2024 01 Min 15 Sec 15/15
  • A
    Anaya Fatima 04 - Jun - 2024 01 Min 19 Sec 15/15
  • S
    Sadia6560 Noman 09 - Dec - 2024 01 Min 32 Sec 15/15
  • M
    Maira Usman 06 - Oct - 2024 01 Min 32 Sec 15/15
  • M
    Minahil Asif 03 - Jun - 2024 01 Min 35 Sec 15/15
  • B
    Bint_e _Naeem 10 - Jul - 2024 01 Min 45 Sec 15/15
  • Z
    zunaira zubair 13 - May - 2024 01 Min 45 Sec 15/15
  • M
    M. Faizan wattoo M. Bakhsh zafar 21 - Apr - 2024 00 Min 53 Sec 14/15

ICom Part 1 Principle of Commerce (English Medium) Chapter 3 Important MCQ's

Sr.# Question Answer
1 Sole proprietor's is generally carried on:
A. Small scale
B. Medium scale
C. Large scale
D. All the above
2 The success of tradership is dependent to
A. The administration
B. The capability of the manger
C. The capability of sole trader
D. The cooperation of friends
3 The success of tradership is dependent to:
A. The administration
B. The capability of the manger
C. The capability of sole trader
D. The cooperation of friends
4 Sole proprietorship is:
A. Non-flexible
B. Flexible
C. Durable
D. None of these
5 The participants in sole tradership is/are:
A. One
B. Two
C. Three
D. Five
6 In sole tradership
A. The government provides finance
B. Only the trader provides finance
C. Many people collectively provide finance
D. The relatives provide finance
7 A sole proprietor may expand his business by
A. Employing more persons
B. Having a new shareholder
C. Both a and b
D. Having more shareholders
8 A sole proprietor may expand his business by:
A. Employing more persons
B. Having a new shareholder
C. Both (a) and (b)
D. Having more shareholders
9 In sole tradership, the responsibility of loss is on
A. The manger
B. Many people
C. A single person
D. The employees
10 Sole proprietor's is generally carried on
A. Small scale
B. Medium scale
C. Large scale
D. All these are wrong

Test Questions

Is this page helpful?