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WorksheetsSole Propreitorship
Total questions: 10
Worksheet time: 14mins
Name
Class
Date
1.
Proprietorship means
a)
citizenship
b)
salesmanship
c)
ownership
d)
none
2.
What is the meaning of Sole Propreitor?
4 lines
3.
Who keeps all the secrets in sole Propreitorship?
a)
Mother
b)
Father
c)
Sole Proprietor
d)
All
4.
What do you mean by "One man's capital"?
4 lines
5.
The entire profit arising out of sole Proprietorship goes to
a)
Partner
b)
Director
c)
Chairman
d)
Sole Proprietor
6.
The capital required by a sole proprietor is arranged by his?
a)
Parents
b)
Friends
c)
All
d)
Sole Proprietor himself
7.
Sole Proprietor maintains direct relationship with customers and employees
a)
True
b)
False
c)
may be
d)
not at all
8.
A sole Proprietor may not be an expert in all aspects of business?
a)
True
b)
False
c)
Definitely not possible
d)
none of above
9.
Give me two advantages of being a sole Propreitor?
4 lines
10.
Give me two disadvantages of a Sole Proprietor.
4 lines
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