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

In order to wind up the sole tradership:

Question # 2

In order to wind up the sole tradership

Question # 3

Transfer of sole proprietorship:

Question # 4

Sole proprietor's is generally carried on:

Question # 5

The sole tradership is a business organization:

Question # 6

A sole proprietor may expand his business by

Question # 7

The life of sole tradership is

Question # 8

In sole tradership, the derisions are held:

Question # 9

The expenses for the formation of sole tradership are

Question # 10

The success of tradership is dependent to

Question # 11

In sole tradership, the responsibility of loss is on

Question # 12

In sole tradership, the derisions are held

Question # 13

Sole proprietor's is generally carried on

Question # 14

The success of tradership is dependent to:

Question # 15

A sole proprietor may expand his business by:

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 In sole tradership, the responsibility of loss is on:
A. The manger
B. Many people
C. A single person
D. The employees
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 relatives
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 Sole proprietor's is generally carried on
A. Small scale
B. Medium scale
C. Large scale
D. All these are wrong
5 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
6 In sole tradership, the responsibility of loss is on
A. The manger
B. Many people
C. A single person
D. The employees
7 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
8 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
9 The participants in sole tradership is/are:
A. One
B. Two
C. Three
D. Five
10 Transfer of sole proprietorship:
A. According to legal requirements
B. Not possible
C. Is done easily
D. all correct

Test Questions

Is this page helpful?

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!