| 1 |
Relation of the owner/principal with the workers and consumers in sole proprietorship are: |
- A. Not developed
- B. Direct
- C. Indirect
- D. Not good (worst)
|
| 2 |
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
|
| 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 |
The expenses for the formation of sole tradership are |
- A. Less
- B. More
- C. Almost none
- D. Not at all
|
| 5 |
The life of tradership is: |
- A. Long
- B. Short
- C. Defined/Fixed
- D. Both long and short
|
| 6 |
The life of sole tradership is |
- A. Long
- B. Short
- C. Defined/fixed
- D. Both long and short
|
| 7 |
Sole proprietor's is generally carried on |
- A. Small scale
- B. Medium scale
- C. Large scale
- D. All these are wrong
|
| 8 |
The decisions of sole trader ship depend on |
- A. The will of friends
- B. The will of sole-trader
- C. The will of government
- D. The will of relatives
|
| 9 |
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
|
| 10 |
In order to wind up the sole tradership: |
- A. The acceptance of the government is sought
- B. No legal process is required
- C. The meeting of administration is required
- D. The will of the friends is required
|
