Tag: sole trade
Questions Related to sole trade
The maximum number of partners allowed in the banking business are ______________.
Provision of residential accommodation to the member at reasonable rates is the objective of ________________.
Which of the following is not characteristic of LLP?
____________ is the most flexible kind of business Organisation.
The business in which only a single owner arranges the capital is ____________.
Following is not a characteristic of sole proprietorship business _______________.
One of the hardships of a sole proprietorship is that _________________.
One of the best advantages of proprietorship is that _________________.
The risk of the sole proprietorship business is shared with the employees of the business _______________.
Characteristics of sole proprietorship form of business is/ are
$(1)$ Single owner
$(2)$ Unlimited liability
$(3)$ Control by partner
$(4)$ No sharing of profit and loss
Select the correct answer from the options given below.