11th Principles of Commerce MCQS Chapter 3

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11th Principles of Commerce MCQS


In sole tradership, the derisions are held
With the suggestions of relatives
Without any delay
After the meeting of administration
Belatedly

In which form of business organization, the element of secrecy is remained or maintained
Joint stock company
Partnership
None of the above
Sole tradership

The life of sole tradership is
Defined/fixed
Long
Both long and short
Short

A sole proprietor may expand his business by
Employing more persons
Both a and b
Having more shareholders
Having a new shareholder

In sole tradership, the responsibility of loss is on
Many people
The manger
A single person
The employees
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