Which is the oldest form of Business organisation?

(a)

Sole Proprietorship

(b)

Partnership

(c)

Co-operative Society

(d)

Company

A major disadvantage of sole proprietorship is __________.

(a)

Limited liability

(b)

Unlimited liability

(c)

Easy Formation

(d)

Quick decision

From the following which one is Non-corporate form of business?

(a)

Joint stock company

(b)

Sole trading business

(c)

Government company

(d)

Co-operatives

A sole trader ___________

(a)

cannot keep his business secrets

(b)

can keep his business secrets

(c)

both

(d)

none of the above

There is a limit to ___________ ability of a sole trader.

(a)

managerial

(b)

worker

(c)

owner

(d)

none of these

What is Sole trading business?

What are the Non-corporate enterprises?

How is the liability of owner in sole propritorship?

'A sole trader has higher credit rating' - Explain

Is registration necessary for sole proprietorship?

Write any three characteristics of Sole Proprietorship?

Give some examples of sole trading business.

Define Sole trading business.

Can a sole trader business enterprise obtain the benefits of specialisation?

Write about 'flexibility' in the business management of a sole trader.

Explain the characteristics of Sole trading business.

What are the disadvantages of Sole trading business?

"One-man control is the best in the world provided that one-man is big enough to take care of everything" -Discuss.

Explain in detail the personal interest of a sole trader.