Class-11-Commerce-Sole trader1
Quiz
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Education
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11th Grade
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Practice Problem
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Medium
jeyanthi anbu
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the oldest form of Business organisation?
Sole proprietorship
Partnership
Co-operative society
Company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which form the owner, establisher and manager is only one?
Joint enterprise
Government company
Co-OPerative society
Sole proprietor
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A major disadvantage of sole proprietorship is
limited liability
Unlimited liability
Easy formation
Qiuck decision
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A major disadvantage of sole proprietorship is
Limited liability
Unlimited liability
Easy Formation
Quick decision
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
From the following which one is Non – corporate form of business?
Joint stock company
Sole trading business
Government company
Co-operatives
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When his business assets are not sufficient to pay off the business debts he has to pay from his personal property.
Limited liability
Unlimited liability
Asset
Liabilty
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
…………….. is known as individual entrepreneurship.
Partnership
Sole trader
Joint stock company
Co-operative
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