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A sole proprietor forms his business after
Fulfilling the legal requirements
His own will
The permission of relatives
The government’s acceptance
The success of tradership is dependent to
The administration
The capability of sole trader
The capability of the manger
The cooperation of friends
In order to wind up the sole tradership
No legal process is required
The acceptance of the government is sought
The meeting of administration is
The will of the friends is required
The participants in sole tradership are/is
Five
Three
One
Two
The formation of sole tradership as compared of partnership is
Easy
Same (No difference)
Difficult
All of the above
The sole tradership is a business organization of
Old times
A combination of (a) and (b)
Modern times
All the above
In sole tradership
The relatives provide finance
Only the trader provides finance
The government provides finance
Many people collectively provide finance
The decisions of sole trader ship depend on
The will of relatives
The will of sole-trader
The will of friends
The will of government
Sole proprietor’s is generally carried on
All these are wrong
Large scale
Small scale
Medium scale
The expenses for the formation of sole tradership are
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