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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
Sole proprietorship is:
Question # 2
The sole tradership is a business organization of
Question # 3
In sole tradership
Question # 4
In which form of business organization, the element of secrecy is remained or maintained
Question # 5
The participants in sole tradership are/is
Question # 6
The life of sole tradership is
Question # 7
A sole proprietor may expand his business by:
Question # 8
Who provides capital in sole proprietorship:
Question # 9
In order to wind up the sole tradership:
Question # 10
In which form of business organization, the element of secrecy is maintained:
Question # 11
The decisions of sole trade ship depend on:
Question # 12
The formation of sole tradership as compared of partnership is
Question # 13
The expenses for the formation of sole tradership are:
Question # 14
In sole tradership:
Question # 15
In sole tradership, the derisions are held:
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 | 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 | The life of tradership is: |
A. Long
B. Short
C. Defined/Fixed
D. Both long and short
|
| 3 | 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
|
| 4 | 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
|
| 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 | The formation of sole tradership as compared partnership is: |
A. Easy
B. Difficult
C. Same (No difference)
D. All of the above
|
| 7 | The participants in sole tradership is/are: |
A. One
B. Two
C. Three
D. Five
|
| 8 | Transfer of sole proprietorship: |
A. According to legal requirements
B. Not possible
C. Is done easily
D. all correct
|
| 9 | Sole proprietorship is: |
A. Non-flexible
B. Flexible
C. Durable
D. None of these
|
| 10 | In sole tradership, the responsibility of loss is on |
A. The manger
B. Many people
C. A single person
D. The employees
|
Test Questions
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