Question # 1

Literal meanings of trade are

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To exchange

Buying and selling

To remove hindrance of time

Business

The formation and dissolution of sole proprietorship is

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Easy

Complicated

Difficult

Very complicated

The objective of advertisement is to

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Introduce the goods

Save the goods

Reach the goods to consumers

All of these

Retailer sells the goods to

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Consumers

Hawkers

Industrialist

Wholesaler

Partnership is formed under Partnership act:

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1940

1984

1913

1932

Industry is a part of

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Commerce

Trade

Business

Finance

Maximum number of partners in partnership business is

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2

20

21

10

Tell about like and dislike of

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Retailer

Trader

Wholesaler

Mill owner

In partnership the age of minor partner is

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20 years

22 years

18 years

Below 18 years

By economic activities means:

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Business

Commerce

Business and profession

Business profession and employment

The partner who performs work practically is known as

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Nominal partner

Minor partner

Active partner

Passive partner

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