| 1 |
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
|
| 2 |
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)
|
| 3 |
Sole proprietorship is: |
- A. Non-flexible
- B. Flexible
- C. Durable
- D. None of these
|
| 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 formation of sole tradership as compared of partnership is |
- A. Easy
- B. Difficult
- C. Same (No difference)
- D. All of the above
|
| 6 |
In sole tradership, the responsibility of loss is on: |
- A. The manger
- B. Many people
- C. A single person
- D. The employees
|
| 7 |
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
|
| 8 |
The expenses for the formation of sole tradership are: |
- A. Less
- B. More
- C. Almost none
- D. Not at all
|
| 9 |
The life of sole tradership is |
- A. Long
- B. Short
- C. Defined/fixed
- D. Both long and short
|
| 10 |
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
|
