| 1 |
Sole proprietor's is generally carried on: |
- A. Small scale
- B. Medium scale
- C. Large scale
- D. All the above
|
| 2 |
Not important for sole proprietorship: |
- A. Capital
- B. Interest of owner
- C. Audit
- D. Workers
|
| 3 |
The decisions of sole trade ship depend on: |
- A. The will of friends
- B. The will of sole-trader
- C. The will of government
- D. The will of relatives
|
| 4 |
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
|
| 5 |
A sole proprietor forms his business after: |
- A. The government's acceptance
- B. Fulfilling the legal requirements
- C. His own will
- D. The permission of relative
|
| 6 |
The expenses for the formation of sole tradership are: |
- A. Less
- B. More
- C. Almost none
- D. Not at all
|
| 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 |
The participants in sole tradership is/are: |
- A. One
- B. Two
- C. Three
- D. Five
|
| 9 |
The life of tradership is: |
- A. Long
- B. Short
- C. Defined/Fixed
- D. Both long and short
|
| 10 |
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
|
