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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test
00:00
Question # 1
The decisions of sole trade ship depend on:
Question # 2
The expenses for the formation of sole tradership are
Question # 3
Sole proprietor's is generally carried on:
Question # 4
In sole tradership, the responsibility of loss is on
Question # 5
The success of tradership is dependent to:
Question # 6
A sole proprietor may expand his business by
Question # 7
The life of sole tradership is
Question # 8
Sole proprietorship is:
Question # 9
The formation of sole tradership as compared of partnership is
Question # 10
In order to wind up the sole tradership
Question # 11
The sole tradership is a business organization of
Question # 12
The participants in sole tradership is/are:
Question # 13
Relation of the owner/principal with the workers and consumers in sole proprietorship are:
Question # 14
In sole tradership:
Question # 15
The participants in sole tradership are/is
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.
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ICom Part 1 Principle of Commerce (English Medium) Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Who provides capital in sole proprietorship: |
A. Sole owner
B. Bank
C. Workers
D. Relatives
|
| 2 | 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
|
| 3 | The expenses for the formation of sole tradership are: |
A. Less
B. More
C. Almost none
D. Not at all
|
| 4 | In sole tradership, the responsibility of loss is on |
A. The manger
B. Many people
C. A single person
D. The employees
|
| 5 | The sole tradership is a business organization of |
A. Modern times
B. Old times
C. A combination of (a) and (b)
D. All the above
|
| 6 | The life of sole tradership is |
A. Long
B. Short
C. Defined/fixed
D. Both long and short
|
| 7 | The participants in sole tradership are/is |
A. One
B. Two
C. Three
D. Five
|
| 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 | In which form of business organization, the element of secrecy is remained or maintained |
A. Partnership
B. Joint stock company
C. Sole tradership
D. None of the above
|
| 10 | 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
|
Test Questions