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
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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
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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
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4 |
The formation of sole tradership as compared of partnership is |
- A. Easy
- B. Difficult
- C. Same (No difference)
- D. All of the above
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5 |
Sole proprietor's is generally carried on |
- A. Small scale
- B. Medium scale
- C. Large scale
- D. All these are wrong
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6 |
The expenses for the formation of sole tradership are: |
- A. Less
- B. More
- C. Almost none
- D. Not at all
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7 |
The life of tradership is: |
- A. Long
- B. Short
- C. Defined/Fixed
- D. Both long and short
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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
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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
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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
|