11th Class Principles of Commerce Chapter 3 Sole Tradership Short Question Preparation


11th Class Principles of Commerce

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11th Class Principles of Commerce Chapter Wise Preparation

Online Short Questions For Chapter 3 "11th Class Principle of Commerce Chapter 3 Short Questions Preparation "

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Principle of Commerce (English Medium) - 11th Class Principle of Commerce Chapter 3 Short Questions Preparation

Question # 1

What is meant by unlimited liability of the owner in business.

  • Ans 1: The sole properietor has unlimited liability ub case of insolvency of the business or non payment of business debts, he will be responsible for the payments of the liabilities from his personal assets.
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Prepare Complete Set Wise Questions For Chapter 3 "11th Class Principle of Commerce Chapter 3 Short Questions Preparation "

11th Class Principle of Commerce Chapter 3 Short Questions Preparation - Set 1

Question # 1

What is meant by unlimited liability of the owner in business.

  • Ans 1: The sole properietor has unlimited liability ub case of insolvency of the business or non payment of business debts, he will be responsible for the payments of the liabilities from his personal assets.
Submit

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11th Class Principles of Commerce Chapter 3 Short Questions Preparation

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