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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
A sole proprietor forms his business after
Question # 2
The decisions of sole trade ship depend on:
Question # 3
Transfer of sole proprietorship:
Question # 4
A sole proprietor forms his business after:
Question # 5
The formation of sole tradership as compared partnership is:
Question # 6
The life of tradership is:
Question # 7
Sole proprietor's is generally carried on:
Question # 8
In order to wind up the sole tradership
Question # 9
In which form of business organization, the element of secrecy is remained or maintained
Question # 10
The formation of sole tradership as compared of partnership is
Question # 11
Who provides capital in sole proprietorship:
Question # 12
The sole tradership is a business organization:
Question # 13
In sole tradership:
Question # 14
Sole proprietor's is generally carried on
Question # 15
The success of tradership is dependent to:
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 | The life of tradership is: |
A. Long
B. Short
C. Defined/Fixed
D. Both long and short
|
| 2 | The formation of sole tradership as compared of partnership is |
A. Easy
B. Difficult
C. Same (No difference)
D. All of the above
|
| 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 | 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
|
| 5 | Sole proprietor's is generally carried on |
A. Small scale
B. Medium scale
C. Large scale
D. All these are wrong
|
| 6 | 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
|
| 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 | 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 | The participants in sole tradership is/are: |
A. One
B. Two
C. Three
D. Five
|
| 10 | 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
|
Test Questions