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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
In sole tradership:
Question # 2
In sole tradership, the derisions are held
Question # 3
Sole proprietor's is generally carried on:
Question # 4
In which form of business organization, the element of secrecy is maintained:
Question # 5
In order to wind up the sole tradership:
Question # 6
The sole tradership is a business organization:
Question # 7
The participants in sole tradership are/is
Question # 8
The success of tradership is dependent to:
Question # 9
In which form of business organization, the element of secrecy is remained or maintained
Question # 10
The participants in sole tradership is/are:
Question # 11
In sole tradership
Question # 12
A sole proprietor may expand his business by:
Question # 13
The expenses for the formation of sole tradership are:
Question # 14
The life of sole tradership is
Question # 15
Relation of the owner/principal with the workers and consumers in sole proprietorship are:
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 | 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
|
| 2 | 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
|
| 3 | 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)
|
| 4 | The life of tradership is: |
A. Long
B. Short
C. Defined/Fixed
D. Both long and short
|
| 5 | The expenses for the formation of sole tradership are: |
A. Less
B. More
C. Almost none
D. Not at all
|
| 6 | 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
|
| 7 | In sole tradership, the derisions are held: |
A. Balatedly
B. Without and delay
C. After the meeting of administration
D. With the suggestions of relatives
|
| 8 | 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
|
| 9 | 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
|
| 10 | Who provides capital in sole proprietorship: |
A. Sole owner
B. Bank
C. Workers
D. Relatives
|
Test Questions