Sole Proprietorship Two Marks Question

11th Standard

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Commerce

Time : 00:45:00 Hrs
Total Marks : 30
    15 x 2 = 30
  1. Who is called a Sole Trader?

  2. What are the Non-corporate enterprises?

  3. What are the Corporate enterprises?

  4. For which of the following types of business do you think a sole proprietorship form of organisation would be more suitable, and why?
    (a) Grocery Store
    (b) Medical store
    (c) Craft centre
    (d) Legal consultancy
    (e) Internet cafe

  5. A sole trader tends to make hasty decision - Explain :

  6. Define Sole Trader?

  7. What is the motive of the business undertaking?

  8. Define sole proprietorship according to P.K. Ghosh and Y.K.Bhushan.

  9. How a sole trader is said that he owns all and risks all?

  10. Is sole trader form of organisation is flexible in operation?

  11. A sole trader business is short lived and affects society-Explain.

  12. A sole trader tends to make hasty decision-Explain

  13. 'One-man business is the best in the world'- Explain.

  14. List out any five features of sole trading concern.

  15. List out any five merits of sole trading concern.

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