| 1 |
Sole proprietorship is: |
- A. Non-flexible
- B. Flexible
- C. Durable
- D. None of these
|
| 2 |
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
|
| 3 |
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
- D. The will of the friends is required
|
| 4 |
The life of tradership is: |
- A. Long
- B. Short
- C. Defined/Fixed
- D. Both long and short
|
| 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 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
|
| 7 |
The participants in sole tradership are/is |
- A. One
- B. Two
- C. Three
- D. Five
|
| 8 |
The success of tradership is dependent to |
- A. The administration
- B. The capability of the manger
- C. The capability of sole trader
- D. The cooperation of friends
|
| 9 |
In sole tradership, the responsibility of loss is on: |
- A. The manger
- B. Many people
- C. A single person
- D. The employees
|
| 10 |
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
|
