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11th Standard English Medium Commerce Subject Sole Proprietorship Creative 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. The sold Trader is entitled to enjoy all ___________ of the Business.

    (a)

    income

    (b)

    profit

    (c)

    loss

    (d)

    none of these

  2. The structure in which there is separation of ownership and man agreement is called ______

    (a)

    Sole Proprietorship

    (b)

    Partnership

    (c)

    Company

    (d)

    All business organisation 

  3. Decision Making process in Sole Trading business is _____.

    (a)

    Quicker

    (b)

    Slow

    (c)

    Neither

    (d)

    Quick or Slow

  4. The Liability of sole trader is ________.

    (a)

    Limited

    (b)

    Unlimited

    (c)

    None of the above

    (d)

    Easy

  5. Sole Tradership also know as ______________

    (a)

    Partnership

    (b)

    Individual

    (c)

    Trade of leadership

    (d)

    entrepreneurship

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