| 1 |
In sole tradership, the responsibility of loss is on |
- A. The manger
- B. Many people
- C. A single person
- D. The employees
|
| 2 |
Who provides capital in sole proprietorship: |
- A. Sole owner
- B. Bank
- C. Workers
- D. Relatives
|
| 3 |
Not important for sole proprietorship: |
- A. Capital
- B. Interest of owner
- C. Audit
- D. Workers
|
| 4 |
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
|
| 5 |
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
|
| 6 |
Sole proprietor's is generally carried on |
- A. Small scale
- B. Medium scale
- C. Large scale
- D. All these are wrong
|
| 7 |
Transfer of sole proprietorship: |
- A. According to legal requirements
- B. Not possible
- C. Is done easily
- D. all correct
|
| 8 |
The participants in sole tradership are/is |
- A. One
- B. Two
- C. Three
- D. Five
|
| 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 |
The participants in sole tradership is/are: |
- A. One
- B. Two
- C. Three
- D. Five
|
