Sole Propreitorship

Proprietorship means

• citizenship

• salesmanship

• ownership

• none

What is the meaning of Sole Propreitor?

Who keeps all the secrets in sole Propreitorship?

• Mother

• Father

• Sole Proprietor

• All

What do you mean by "One man's capital"?

The entire profit arising out of sole Proprietorship goes to

• Partner

• Director

• Chairman

• Sole Proprietor

The capital required by a sole proprietor is arranged by his?

• Parents

• Friends

• All

• Sole Proprietor himself

Sole Proprietor maintains direct relationship with customers and employees

• True

• False

• may be

• not at all

A sole Proprietor may not be an expert in all aspects of business?

• True

• False

• Definitely not possible

• none of above

Give me two advantages of being a sole Propreitor?

Give me two disadvantages of a Sole Proprietor.