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.

First Year Principles of Commerce Chapter 3 Online MCQ Test for 1st Year Principles of Commerce Chapter 3 (Sole Tradership)

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
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First Year Principles of Commerce Chapter 3 Online MCQ Test for 1st Year Principles of Commerce Chapter 3 (Sole Tradership)

Sr. # Questions Answers Choice
1 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
2 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
3 In which form of business organization, the element of secrecy is remained or maintained
  • A. Partnership
  • B. Joint stock company
  • C. Sole tradership
  • D. None of the above
4 The formation of sole tradership as compared of partnership is
  • A. Easy
  • B. Difficult
  • C. Same (No difference)
  • D. All of the above
5 Sole proprietor's is generally carried on
  • A. Small scale
  • B. Medium scale
  • C. Large scale
  • D. All these are wrong
6 The expenses for the formation of sole tradership are:
  • A. Less
  • B. More
  • C. Almost none
  • D. Not at all
7 The life of tradership is:
  • A. Long
  • B. Short
  • C. Defined/Fixed
  • D. Both long and short
8 In sole tradership, the derisions are held
  • A. Belatedly
  • B. Without any delay
  • C. After the meeting of administration
  • D. With the suggestions of relatives
9 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
10 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

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Sawera Ali

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Zainab Ali

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Hasnain Asif

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Millat Afridi

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Chapterwise Lists

Chapter Name Questions PDF File
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 10 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 16 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 19 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 21 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 23 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test 15 Questions

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